[§304A-103]  University to be publiccorporation; general powers.  The University of Hawaii is established asthe state university and is constituted as a body corporate.  The university,under the direction of the board of regents, shall have the following generalpowers:

(1)  To adopt, amend, and repeal bylaws governing theconduct of its business and the performance of the powers and duties granted toor imposed upon it by law;

(2)  To acquire in any lawful manner any property,real, personal, or mixed, tangible or intangible, or any interest therein; tohold, maintain, use, and operate that property; and to sell, lease, orotherwise dispose of that property at such time, in such manner, and to theextent deemed necessary or appropriate to carry out its purposes;

(3)  To enter into and perform contracts, leases,cooperative agreements, or other transactions as may be necessary in theconduct of its business and on terms it may deem appropriate, with any agencyor instrumentality of the United States, with any state, territory, orpossession, or with any political subdivision thereof, or with any person,firm, association, or corporation;

(4)  To determine the character of and the necessityfor its obligations and expenditures and the manner in which they shall beincurred, allowed, and paid, subject to provisions of law specificallyapplicable to the university;

(5)  To execute, in accordance with its bylaws, allinstruments necessary or appropriate in the exercise of any of its powers; and

(6)  To take such actions as may be necessary orappropriate to carry out the powers conferred upon it by law. [L 2006, c 75, ptof §2]

 

Note

 

  East-West Center:

Corporation Act.  L 1975, c 82; L 1997, c 137; L 1998, c 2,§110.

Extension of Social Security Act to center employees.  L2004, c 176.