(a) Investments may be used for any purpose consistent with the purposes and objectives of this part.

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Terms Used In Hawaii Revised Statutes 206M-79

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(b) Investments may be made on such terms and conditions as the development corporation shall determine to be reasonable, appropriate, and consistent with the purposes and objectives of this part.