§171-65 - Leases, leases with option to purchase, sales permitted; when.
PART III. SPECIAL DISPOSITIONS; SALES AND LEASES PERMITTED
WITHOUTPUBLIC AUCTION
A. Certain Agricultural Uses,
Including Special Livestock and Pasture
§171-65 Leases, leases with option topurchase, sales permitted; when. Land intended for disposition as farm lotfor truck crops or for horticultural, pasture, or special livestock use, may bedisposed of by lease, lease with option to purchase, or in fee simple. Suchdisposition may be by drawing of lot, without recourse to public auction,notwithstanding any other provision in this chapter to the contrary; providedthat the right to any values in the land not attributable to these agriculturaluses shall be reserved to the State.
Dispositions under this section shall be madeonly to individuals who satisfy the requirements established by the board andthen only if the individual, either oneself or whose spouse, or both, does notalready own lands of comparable use in the State; provided that the ownershipby the individual or the individual's spouse of lands of comparable use shallnot be a disqualification in applying for a lease within an agricultural park.[L 1962, c 32, pt of §2; Supp, §103A-61; HRS §171-65; am L 1974, c 231, §3(1);am L 1975, c 121, §2; gen ch 1985]