ยง516-31 - Disposition by lease.
ยง516-31ย Disposition by lease.ย The Hawaii housing finance and development corporation may lease any of the residential lots in
a development tract at lease rentals and upon terms and conditions as it may
determine.ย The leases shall be subject to all of the rights of lessees
enumerated in part III.ย The corporation, in its discretion, may utilize any of
the residential lots and rent out the same for periods of twenty years or less
for the purposes set forth in chapter 201H, or for any other purpose, all upon
terms and conditions as the corporation may determine. [L 1967, c 307, ยง20; HRS
ยง516-31; am L 1987, c 337, ยง16; am L 1988, c 104, ยง2; am L 1997, c 350, ยง14; am
L 1998, c 11, ยง26 and c 212, ยง46; am L 2005, c 196, ยง26(b); am L 2006, c 180,
ยง16; am L 2007, c 249, ยง28]