§206-23  Exemption from taxation and
assessments.  The board of land and natural resources and its property,
until resold or leased, shall be exempt from any and all taxes and
assessments.  Bonds, notes, debentures, and other evidences of indebtedness of the
board are declared to be issued for a public purpose and to be public
instrumentalities and, together with interest thereon, shall be exempt from
taxes. [L 1961, c 6, §21; Supp, §98J-21; HRS §206-23]