§516-31 Disposition by lease. [Section effective until June 30, 2006. For section effective July 1, 2006, see below.] The housing and community development corporation of Hawaii may lease any of the residential lots in a development tract at such lease rentals and upon such terms and conditions as it may determine. The leases shall be subject to all of the rights of lessees enumerated in part III of this chapter. The corporation may, in its discretion, utilize any of the residential lots and rent out the same for periods of twenty years or less for the purposes set forth in chapter 201G, or for any other purpose, all upon such terms and conditions as the corporation may determine. [L 1967, c 307, §20; HRS §516-31; am L 1987, c 337, §16; am L 1988, c 104, §2; am L 1997, c 350, §14; am L 1998, c 11, §26 and c 212, §46]

§516-31 Disposition by lease. [Section effective July 1, 2006. For section effective until June 30, 2006, see above.] The Hawaii housing finance and development administration may lease any of the residential lots in a development tract at such lease rentals and upon such terms and conditions as it may determine. The leases shall be subject to all of the rights of lessees enumerated in part III of this chapter. The administration may, in its discretion, utilize any of the residential lots and rent out the same for periods of twenty years or less for the purposes set forth in chapter [201H], or for any other purpose, all upon such terms and conditions as the administration may determine. [L 1967, c 307, §20; HRS §516-31; am L 1987, c 337, §16; am L 1988, c 104, §2; am L 1997, c 350, §14; am L 1998, c 11, §26 and c 212, §46; am L 2005, c 196, §26(b)]