If authorized to establish, operate, and maintain a foreign-trade zone, a public corporation may, in addition to its other powers:

(1) Provide for such indemnity or assurance to the United States or its agencies as they may request; [and]

Terms Used In Hawaii Revised Statutes 212-7

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • 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.
(2) Deposit such sums of money with the United States as the United States or its agencies may request, providing the money is available therefor by direct appropriation or otherwise.

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