(a) If the landowner agrees to the sale of the interest in lands pursuant to § 163D-31, the landowner and the corporation shall agree on whether the landowner shall receive payment for the interest in a lump sum or through an installment purchase agreement pursuant to section 163D-33.

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Terms Used In Hawaii Revised Statutes 163D-32

  • 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.
  • Corporation: means the agribusiness development corporation. See Hawaii Revised Statutes 163D-2
(b) The corporation may make payments from moneys appropriated by the legislature.