(a) There is established, as an educational and research institution, the Pacific international center for high technology research. The center shall be placed within the university for administrative purposes, as provided for in § 26-35, but the center may later incorporate as a nonprofit corporation if this proves desirable to further its objectives.
Terms Used In Hawaii Revised Statutes 304A-3101
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 center shall assist the State’s Hawaii technology development corporation in its efforts, shall promote educational, scientific, technological, and literary pursuits in the area of high technology, and shall provide support for the high technology industry in Hawaii in the following manner:
(1) By fostering scientific and technological interchange between students and scholars of the United States and other nations;(2) By encouraging, initiating, aiding, developing, and conducting scientific investigations and research in high technology;(3) By encouraging and aiding in the education and training of persons from the United States and other nations for the conduct of such investigations, research, and study;(4) By assisting in the dissemination of knowledge by establishing, aiding, and maintaining professorships or other staff positions, fellowships, scholarships, publications, and lectures;(5) By other means to make the benefits of investigations, research, and study available to the public; and(6) By any and all other acts reasonably designed to further the above purposes in the interest of promoting the general welfare of the people of the State and the mutual understanding between the United States and other nations.(c) The center shall seek, receive, and accept from public and private sources, whether located within or without the United States, grants, gifts, devises, bequests, or any other money or property, real, personal, or mixed, tangible or intangible, absolutely or in trust, to be used in carrying out the purposes of the center.
