Hawaii Revised Statutes
206M. High Technology Development Corporation
206M-71 Limitation on liability.

§206M-71 Limitation on liability. Chapters 661 and 662 or any other law to the contrary notwithstanding, nothing in this part shall create an obligation, debt, claim, cause of action, claim for relief, charge, or any other liability of any kind whatsoever in favor of any person or entity, without regard to whether that person or entity receives any benefits under this part, against the State or its officers and employees. The State and its officers and employees shall not be liable for the results of any investment, purchase of securities, loan, or other assistance provided pursuant to this part. Nothing in this part shall be construed as authorizing any claim against the development corporation in excess of any note, loan, or other specific indebtedness incurred by the development corporation or in excess of any insurance policy acquired for the development corporation or its employees. [L 2019, c 56, pt of §2]

Structure Hawaii Revised Statutes

Hawaii Revised Statutes

Title 13. Planning and Economic Development

206M. High Technology Development Corporation

206M-1 Definitions.

206M-2 Establishment of the Hawaii technology development corporation; purpose.

206M-2.5 Meetings of the board.

206M-3 Powers, generally.

206M-3.4 Contracts for services necessary for management and operation of corporation.

206M-3.5 Annual reports.

206M-4 Compliance with state and local law.

206M-5 Development rules.

206M-6 Use of public lands.

206M-7 Conditions precedent to negotiating and entering into a project agreement.

206M-8 Project agreement.

206M-9 Issuance of special purpose revenue bonds; bond anticipation notes; refunding bonds.

206M-10 Authorization for loans; loan terms and conditions; loan procedure.

206M-11 Special purpose revenue bonds not a general or moral obligation of State.

206M-12 Special purpose revenue bonds exempt from taxation.

206M-12.5 Federal tax-exempt status.

206M-13 Special purpose revenue bonds as legal investments and lawful security.

206M-14 Status of special purpose revenue bonds under the Uniform Commercial Code.

206M-15 Technology research and development loans and grants.

206M-15.1 Manufacturing development program; established.

206M-15.2 Research and development program established.

206M-15.3 REPEALED.

206M-15.5 Technology special fund.

206M-15.6 REPEALED.

206M-16 Exemption of development corporation from taxation and competitive bidding.

206M-17 Revenue bond fund accounts.

206M-18 Assistance by state and county agencies.

206M-19 Court proceedings; preferences.

206M-20 Construction of this chapter.

206M-21 Confidentiality of trade secrets or the like; disclosure of financial information.

206M-22 Limitation on liability.

206M-23 Hydrogen implementation coordinator.

206M-24 Sustainable aviation fuel program; established.

206M-31 to 206M-35 REPEALED.

206M-41 Definitions.

206M-42 Powers.

206M-43 Findings and determinations for special facility leases.

206M-44 Special facility lease.

206M-45 Special facility revenue bonds.

206M-51 to 206M-59 REPEALED.

206M-61 Strategic development programs; purpose; powers.

206M-62 Strategic development programs revolving fund.

206M-63 Hydrogen investment special fund.

206M-64 Contracts for services necessary for management and operation of the strategic development programs.

206M-65 Actions of the development corporation; guidelines.

206M-66 Business and industry evaluation and priorities for job opportunity and economic development.

206M-67 Confidentiality of trade secrets or the like; disclosure of financial information.

206M-68 Requests for assistance from the development corporation; procedure.

206M-69 Private sector financial support.

206M-70 Limitations on debt owed to the development corporation.

206M-71 Limitation on liability.

206M-72 HI growth initiative; report to legislature.

206M-73 Annual audit.

206M-74 Establishment.

206M-75 Seed capital investments.

206M-76 Purposes and terms of investments.

206M-77 Establishment.

206M-78 Venture capital investments.

206M-79 Purposes and terms of investments.

206M-80 Establishment.

206M-81 Financial assistance.

206M-82 Purposes and priorities required in the procuring of insurance, loan guarantees, or letters of credit.

206M-83 Conditions for procuring of insurance, loan guarantees, or letters of credit.

206M-84 Program for capital access participation agreements.

206M-85 Establishment of special funds to secure loan insurance obligations; source of funds.