§171-92  Existing public leases.  Wherea person has an unexpired lease, including a residential lease, of public landdamaged by a natural disaster and rebuilding on such land is not prohibited,the board of land and natural resources may negotiate an extension of the leaseto make it economically feasible to rebuild, or may, by mutual agreement withthe lessee and the holder of record having security interest, cancel theunexpired term of the lease and negotiate a new lease with the person. [L 1962,c 32, pt of §2; Supp, §103A-87; HRS §171-92]