(a) The meetings of the board shall be open to the public as provided in § 92-3, except that when it is necessary for the board to receive information that is proprietary to a particular enterprise that seeks entry into or use of one of its facilities or the disclosure of which might be harmful to the business interest of the enterprise, the board may enter into an executive meeting that is closed to the public.

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Terms Used In Hawaii Revised Statutes 227D-6

(b) The board shall be subject to the procedural requirements of § 92-4, and this authorization shall be in addition to the exceptions listed in § 92-5, to enable the authority to respect the proprietary requirements of enterprises with which it has business dealings.