§171-29  Report to legislature on alldispositions.  (a)  The board of land and natural resources shall submit awritten report annually to the legislature within ten days of the convening ofeach regular session, of all land dispositions made in the preceding year,including sales, leases, leases with options to purchase, licenses,concessions, permits, exchanges, and setting aside of lands by executiveorders, the persons to whom made, the size of each disposition, the purpose forwhich made, the land classification of each, the tax map key number, the perunit price paid or set, and whether the disposition was by auction, by drawing,or by negotiation.  When land originally leased by the board is, in turn,subleased by the board's lessee or sublessee, the report shall include, inaddition to the foregoing information, the reason for approval of the subleaseby the board and the estimated net economic result accruing to the State,lessee and sublessee.

(b)  Whenever in this chapter any sale, lease,easement, license, executive order, quitclaim, exchange, or other dispositionis made subject to disapproval of the legislature, a written report thereofcontaining the information required in subsection (a) of this section shall besubmitted to the legislature in the session next following the date of thedisposition within ten days of the convening of the session. [L 1962, c 32, ptof §2; Supp, §103A-29; am L 1967, c 234, §8; HRS §171-29; am L 1972, c 173, §2]