To carry out the purposes and objectives of the research corporation, including the conduct of research and training projects, the research corporation shall be granted flexibility in hiring its personnel and in handling and disbursing moneys by being excepted from the following state laws:

(1) Sections 36-27 and 36-30, relating to special fund reimbursements to the state general fund;

Terms Used In Hawaii Revised Statutes 304A-3005

  • 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) Chapter 103D, relating to advertising for bids and purchases to be made in Hawaii whenever public moneys are expended;
(3) Chapter 103D with respect to construction contracts; provided that the exception shall not apply where state funds are used and compliance with chapter 103D is required by a bill enacted by the legislature;
(4) Chapter 76, relating to civil service; and
(5) Section 78-1, relating to public employment.