Hawaii Revised Statutes 163d. Agribusiness Development Corporation

PART I. GENERAL PROVISIONS

  • 163d-1 Findings and Purpose.
    Part designation added by revisor. [§163D-1] Findings and purpose. The legislature finds that the downsizing of the sugar and pineapple industries is presenting an...
  • 163d-2 Definitions.
    Part designation added by revisor. [§163D-2] Definitions. As used in this chapter, unless the context clearly requires otherwise: "Agriculture" means the production for marketing...
  • 163d-3 Agribusiness Development Corporation; Board of Directors; Established.
    Part designation added by revisor. §163D-3 Agribusiness development corporation; board of directors; established. (a) There is established the agribusiness development corporation, which shall be...
  • 163d-4 Powers; Generally.
    Part designation added by revisor. §163D-4 Powers; generally. (a) Except as otherwise limited by this chapter, the corporation may: (1) Sue and be sued;...
  • 163d-5 Hawaii Agribusiness Plan.
    Part designation added by revisor. [§163D-5] Hawaii agribusiness plan. (a) The corporation shall prepare the Hawaii agribusiness plan which shall define and establish goals,...
  • 163d-6 Subsidiaries; Establishment.
    Part designation added by revisor. §163D-6 Subsidiaries; establishment. (a) The corporation may exercise its powers through one or more subsidiary corporations. The corporation, by...
  • 163d-7 Agricultural Projects; Agricultural Development Plans.
    Part designation added by revisor. §163D-7 Agricultural projects; agricultural development plans. (a) The corporation may develop and implement agricultural projects where large tracts of...
  • 163d-8 Project Facility Program.
    Part designation added by revisor. §163D-8 Project facility program. (a) The corporation may develop a project to identify necessary project facilities within a project...
  • 163d-8.5 Approval of Projects, Plans, and Programs.]
    Part designation added by revisor. [§163D-8.5 Approval of projects, plans, and programs.] All agricultural projects, agricultural development plans, and project facility programs developed by...
  • 163d-9 Bonds.
    Part designation added by revisor. §163D-9 Bonds. (a) The corporation, with the approval of the governor, may issue, from time to time, revenue bonds...
  • 163d-10 Revenue Bonds; Payment and Security.
    Part designation added by revisor. [§163D-10] Revenue bonds; payment and security. (a) The revenue bonds shall be payable from and secured by the real...
  • 163d-11 Revenue Bonds; Interest Rate, Price, and Sale.
    Part designation added by revisor. [§163D-11] Revenue bonds; interest rate, price, and sale. (a) The revenue bonds issued pursuant to this chapter shall bear...
  • 163d-12 Revenue Bonds; Investment of Proceeds, and Redemption.
    Part designation added by revisor. [§163D-12] Revenue bonds; investment of proceeds, and redemption. Subject to any agreement with the holders of its revenue bonds,...
  • 163d-13 Revenue Bonds; Special Funds.
    Part designation added by revisor. [§163D-13] Revenue bonds; special funds. (a) A separate special fund shall be established for each project facility financed from...
  • 163d-14 Trustee; Designation, Duties.
    Part designation added by revisor. [§163D-14] Trustee; designation, duties. (a) The corporation shall designate a trustee for each issue of revenue bonds secured under...
  • 163d-15 Trust Indenture.
    Part designation added by revisor. [§163D-15] Trust indenture. (a) A trust indenture may contain covenants and provisions authorized by part III of chapter 39,...
  • 163d-15.5 Waiahole Water System Revolving Fund.
    Part designation added by revisor. §163D-15.5 Waiahole water system revolving fund. (a) There is established within the state treasury a revolving fund to be...
  • 163d-15.6 Commitment and Preservation of Agricultural Leases.
    Part designation added by revisor. §163D-15.6 Commitment and preservation of agricultural leases. (a) The agribusiness development corporation shall work toward obtaining commitments from landowners...
  • 163d-16 Use of Public Lands; Acquisition of State Lands.
    Part designation added by revisor. [§163D-16] Use of public lands; acquisition of state lands. (a) Notwithstanding chapter 171 to the contrary, the governor may...
  • 163d-17 Hawaii Agricultural Development Revolving Fund; Established; Use of Corporation Funds.
    Part designation added by revisor. §163D-17 Hawaii agricultural development revolving fund; established; use of corporation funds. (a) There is established the Hawaii agricultural development...
  • 163d-18 Exemption From Taxation.
    Part designation added by revisor. [§163D-18] Exemption from taxation. The corporation shall not be required to pay state taxes of any kind. [L 1994,...
  • 163d-19 Annual Report.
    Part designation added by revisor. [§163D-19] Annual report. The corporation shall submit to the governor and the legislature, no later than twenty days prior...

PART II. ACQUISITION OF IMPORTANT AGRICULTURAL LANDS

Last modified: October 27, 2016