§206-23 Exemption from taxation and assessments. The board of land and natural resources and its property, until resold or leased, shall be exempt from any and all taxes and assessments. Bonds, notes, debentures, and other evidences of indebtedness of the board are declared to be issued for a public purpose and to be public instrumentalities and, together with interest thereon, shall be exempt from taxes. [L 1961, c 6, §21; Supp, §98J-21; HRS §206-23]
Structure Hawaii Revised Statutes
Title 13. Planning and Economic Development
206-2 Administration of chapter.
206-3 Interested members, officers or employees.
206-5 Declaration of development areas.
206-6 Acquisition of land within a development area.
206-7 Property that shall not be acquired for development projects.
206-8 Development of lands acquired.
206-10 Restrictions on sale and use of residential lots by purchaser.
206-11 Breach, mortgaging, effect of breach, etc.
206-12 Requirement to develop.
206-13 Power to lease, pledge, or mortgage.
206-14 Cooperative agreements with other government agencies.
206-15 Hearings, witnesses, etc.
206-16 Investment of reserves.
206-18 Security for funds deposited by board.
206-20 Contracts with federal government.
206-22 Performance bond, procedure.
206-23 Exemption from taxation and assessments.
206-24 Exemption of property from execution sale.
206-26 Disclosure by private developer; public records.
206-28 State and political subdivisions not liable on bonds.
206-29 Form and sale of bonds.
206-31 Remedies of an obligee; mandamus, injunction, possessory action, receiver, accounting, etc.
206-32 Subordination of mortgage to agreement with government.
206-33 Development project bonds as legal investments.
206-34 Policy as to sale prices and rentals.
206-35 Agreement to secure federal contributions; default.
206-36 Payments to public bodies.
206-37 Conveyance, lease, or agreement in aid of development projects, purchase of bonds.
206-38 Governmental advances and donations.
206-39 Action of political subdivision by resolution.
206-41 Source of operating funds; disposition of unencumbered funds.