Daily Archives: June 29, 2009

On Sunday, June 28, 2009 I was interviewed by KHON2, KITV4, and KGMB9 news stations regarding my campaign’s exploratory committee for the Lt. Governor’s office.

On Sunday, June 29, 2009, I attended a picnic held by a number of the Teamseter Union from 1:30 P.M. to 2:30 P.M.

On Sunday, June 28, 2009, I attended the United Japanese Society of Hawaii Luncheon at Hilton Hawaii Village from 10:30 A.M. to 1:00 P.M.

On Saturday, June 27, 2009, I attended the Honpa Hongwanji Betsuin Bon Dance from 7:30 to 9:30 P.M.

On Saturday, June 27, 2009, I attended the Hawaii Dragon Boat Festival at Ala Moana Beach Park from 5:30 to 7:00 P.M.

On Friday, June 26, 2009, I attended the Oahu Filipino Council President’s Ball at Hilton Hawaiian Village from 7:00 P.M. to 10:00 P.M.

Honolulu.  A bill replacing and updating the existing uniform management of institutional funds act was signed into law by the governor as Act 135 on June 19, 2009.  Representative Jon Riki Karamatsu (District 41-Waipahu, Village Park, Waikele), House Judiciary chairman, introduced the legislation.

The law provides guidance and authority to charitable organizations concerning management and investment of funds held by those organizations, while also providing additional protections for charities and interests of donors.

“Among other things, this law affords charitable institutions the ability to cope with fluctuations in the value of the endowment, which is an important tool for these organizations to have at their disposal in these uncertain economic times,” explains Karamatsu.

The law takes effect on July 1, 2009.

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