§186-2  Eligibility.  (a)  Any propertyof not less than ten acres:

(1)  Included within the agricultural districtpursuant to section 205-2; or

(2)  Included within the conservation district andzoned for commercial forest use;

is eligible for classification as tree farm propertyif it is suited for the raising of commercial tree species and other forestproducts in quantity sufficient to establish a business in the sale thereof.

(b)  Property on which the owner is alreadygrowing trees of commercial species and other forest products in quantitysufficient to establish a business in the sale thereof under good forestrymanagement practices and which the owner agrees to manage in accordance with amanagement plan approved by the board is eligible for classification as treefarm property.  Additional noncontiguous property of five acres or more, underthe same ownership and in the same vicinity, is also eligible forclassification along with the main acreage sought to be classified.  No realproperty under a lease having an unexpired term of less than twenty years iseligible for classification as tree farm property. [L 1963, c 141, §3; Supp,§87D-3; HRS §186-2; am L 1989, c 50, §1]