Hawaii Revised Statutes 171-14.5 – Auction pre-qualification; agricultural and pasture leases
Current as of: 2024 | Check for updates
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“Farm” also means “ranch” and “farmer” also means “rancher”.
“Individual” means a natural person who is not a part of a partnership, corporation, or joint venture which is a potential bidder under this section.
“Nonindividual concern” means a partnership, corporation, or joint venture properly formed under law and which is a potential bidder under this section.
Terms Used In Hawaii Revised Statutes 171-14.5
- Board: means the board of land and natural resources. See Hawaii Revised Statutes 171-1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Land: includes all interests therein and natural resources including water, minerals, and all such things connected with land, unless otherwise expressly provided. See Hawaii Revised Statutes 171-1
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: includes individual, partnership, corporation, and association, except as otherwise defined in this chapter. See Hawaii Revised Statutes 171-1