Terms Used In Hawaii Revised Statutes 206M-85

  • 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.
  • Development corporation: means the Hawaii technology development corporation established by section 206M-2. See Hawaii Revised Statutes 206M-1

The development corporation may establish a special fund or funds for capital access into which fees or premiums collected by the development corporation are deposited.