Hawaii Revised Statutes 39A-111 – Definitions
Terms Used In Hawaii Revised Statutes 39A-111
- bonds: means bonds, notes, or other evidences of indebtedness of the State issued pursuant to this part. See Hawaii Revised Statutes 39A-111
- 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.
- Department: means the department of budget and finance. See Hawaii Revised Statutes 39A-111
- Project: means any combination of land, buildings, and other improvements thereon, for use as a processing enterprise, including, without limiting the generality of the foregoing, machinery, equipment, furnishings, and apparatus which shall be deemed necessary, suitable, or useful to such enterprise. See Hawaii Revised Statutes 39A-111
Whenever used in this part, unless a different meaning clearly appears from the context:
“Department” means the department of budget and finance.
“Project” means any combination of land, buildings, and other improvements thereon, for use as a processing enterprise, including, without limiting the generality of the foregoing, machinery, equipment, furnishings, and apparatus which shall be deemed necessary, suitable, or useful to such enterprise.
“Project agreement” means any agreement entered into under this part by the department with a project party to financially assist a processing enterprise from the proceeds of special purpose revenue bonds, including without limitation any loan agreement.
“Project party” means a person, firm, or corporation qualified to do business in this State and conducting or proposing to conduct a processing enterprise in this State.
“Special purpose revenue bonds” or “bonds” means bonds, notes, or other evidences of indebtedness of the State issued pursuant to this part.