§364-10 Taxation.
All assets of the director of finance acquired in the administration of this chapter shall not be subject to taxation, except that any real property the mortgage for which is held by the director, and which has not been foreclosed, shall be subject to taxation to the same extent according to its value as other real property not so mortgaged. [L 1953, c 211, §10; RL 1955, §350-10; am L 1961, c 193, §2; HRS §364-10]