§171-50.2 Exchanges for conversion of leasehold lands to fee simple ownership. [Section effective until June 30, 2006. For section effective July 1, 2006, see below.] The board may exchange public lands for private lands to be condemned or involuntarily sold pursuant to chapter 516. Such exchange shall be requested by the executive director of the housing and community development corporation of Hawaii, and shall be effected in conformity with section 171-50; provided that such exchange shall be subject to legislative disapproval; provided further that the private lands conveyed to the State shall be disposed of pursuant to chapter 516; and provided further that lands exchanged need not be of like-kind or comparable use; provided further that no lands classified as conservation shall be exchanged for private lands. [L 1975, c 184, pt of §3; am L 1987, c 337, §7(2); am L 1997, c 350, §14]

§171-50.2 Exchanges for conversion of leasehold lands to fee simple ownership. [Section effective July 1, 2006. For section effective until June 30, 2006, see above.] The board may exchange public lands for private lands to be condemned or involuntarily sold pursuant to chapter 516. Such exchange shall be requested by the executive director of the Hawaii housing finance and development administration, and shall be effected in conformity with section 171-50; provided that such exchange shall be subject to legislative disapproval; provided further that the private lands conveyed to the State shall be disposed of pursuant to chapter 516; and provided further that lands exchanged need not be of like-kind or comparable use; provided further that no lands classified as conservation shall be exchanged for private lands. [L 1975, c 184, pt of §3; am L 1987, c 337, §7(2); am L 1997, c 350, §14; am L 2005, c 196, §26(b)]