§88E-3  Board of trustees.  (a)  The
authority to establish the plan and implement this chapter is vested in the
board of trustees.  The board shall be placed within the department of human
resources development for administrative purposes.



(b)  The board shall adopt such rules to carry
out this chapter in accordance with chapter 91; provided that rules necessary
for the plan to be in compliance with federal laws or regulations may be
adopted without regard to chapter 91.  The board may engage services, as
necessary, to establish, administer, or maintain the plan under its direction. 
An administrator may be engaged only after a solicitation of proposals from
interested persons in accordance with specifications deemed appropriate by the
board. [L Sp 1981 1st, c 7, pt of §1; am L 1994, c 56, §21; am L 2000, c 253,
§126]



 



Attorney General Opinions



 



  Hawaii Public Procurement Code did not apply to board of
trustees' current administrator and investment-product-provider contracts
because they were entered into before Code's July 1, 1994 effective date.  The
Code would apply to contracts entered into after that date if "public
funds" are used to fund them.  Att. Gen. Op. 94-4.