§304A-105  Powers of regents; official name. 
(a)  The board of regents shall have management and control of the general
affairs, and exclusive jurisdiction over the internal structure, management,
and operation of the university.  The board may:



(1)  Appoint a treasurer and other officers as it
deems necessary;



(2)  Authorize any officer, elected or appointed by
it, to approve and sign on its behalf any voucher or other document that the
board may approve and sign;



(3)  Delegate to the president or the president's
designee the authority to render the final decision in contested case
proceedings subject to chapter 91, as it deems appropriate;



(4)  Purchase or otherwise acquire lands, buildings,
appliances, and other property for the purposes of the university; and



(5)  Expend any sums of money as, from time to time,
may be placed at the disposal of the university from whatever source; provided
that notwithstanding any other law to the contrary, all documents regarding
expenditures and changes thereto, made by the board shall be disclosed in open
meetings for the purpose of public comment; provided further that all
expenditure requests, proposals, and any other budgetary documents used by the
board at an open meeting shall be made available to the public at least six
calendar days before the meeting.



All lands, buildings, appliances, and other
property so purchased or acquired shall be and remain the property of the
university to be used in perpetuity for the benefit of the university.  The
board, in accordance with this section and other law, shall manage the
inventory, equipment, surplus property, and expenditures of the university and,
subject to chapter 91, may adopt rules, further controlling and regulating the
same.



(b)  The board of regents shall develop
internal policies and procedures for the procurement of goods, services, and
construction, consistent with the goals of public accountability and public
procurement practices, subject to chapter 103D.



(c)  The board of regents may enter into
concession agreements without regard to chapter 102.



(d)  The official name of the board shall be
the board of regents, University of Hawaii.  The board shall adopt and use a
common seal by which all official acts shall be authenticated. [L 2006, c 75,
pt of §2; am L Sp 2008, c 6, §3]