(a) There is established as a body corporate, the research corporation of the University of Hawaii. The research corporation shall be a public instrumentality and shall be a part of the University of Hawaii for administrative purposes pursuant to § 26-35.
Terms Used In Hawaii Revised Statutes 304A-3001
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.
(b) The purposes of the research corporation shall include, but not be limited to, the promotion of all educational, scientific, and literary pursuits by:
(1) Encouraging, initiating, aiding, developing, and conducting training, research, and study in the physical, biological, and social sciences, humanities, and all other branches of learning;(2) Encouraging and aiding in the education and training of persons for the conduct of the training, investigations, research, and study;(3) Furnishing of means, methods, and agencies by which the training, investigation, research, and study may be conducted;(4) Assisting in the dissemination of knowledge by establishing, aiding, and maintaining professorships or other staff positions, fellowships, scholarships, publications, and lectures;(5) Engaging in other means of making the benefits of training, investigations, research, and study available to the public; and(6) Taking any and all other actions reasonably designed to promote these purposes in the interest of promoting the general welfare of the people of the State.
