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2021 Hawaii Revised Statutes
Title 13. Planning and Economic Development
206M. High Technology Development Corporation
206M-76 Purposes and terms of investments.
Universal Citation: HI Rev Stat § 206M-76 (2021)
§206M-76 Purposes and terms of investments. (a) Investments may be used for any purpose consistent with the purposes and objectives of this part, including but not limited to:
(1) Developing a working prototype;
(2) Preparing a development plan;
(3) Performing an initial market analysis;
(4) Organizing a management team; and
(5) Any other purpose reasonably related to an economic development project.
(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. [L 2019, c 56, pt of §2]
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