§304A-3010 - Special account.
[§304A-3010] Special account.
Notwithstanding any other law to the contrary, the research corporation shall
be authorized to set up a special account for depositing moneys received from
either public or private contracts, or from private or public grants, awards,
or gifts. The provisions of section [304A-2003] and other laws to the contrary
notwithstanding, this special account may be used to receive, disburse, and
account for funds of research and training projects of the University of
Hawaii, other state agencies, and political subdivisions of the State. All
disbursements shall be drawn on the special account upon checks prepared and
signed, as approved by the executive director and some other person authorized
by the board of directors. [L 2006, c 75, pt of §2]