Corporation's duties, generally.

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§516-7 Corporation's duties, generally. In addition to any other duty prescribed by law and in this chapter, the Hawaii housing finance and development corporation shall:

(1) Within six months after June 24, 1967, adopt and promulgate, in accordance with chapter 91, all rules and regulations necessary to effectuate the purposes of this chapter;

(2) Enforce this chapter and the rules and regulations adopted pursuant thereto;

(3) Subject to chapter 76, appoint and remove such administrative, technical, and clerical staff as it may require and prescribe their powers and duties; except that the corporation may appoint, without regard to chapter 76, one or more appraisers on a part-time, contractual basis for the purposes set forth in this chapter;

(4) Establish such reasonable fees to be assessed and collected from lessees for the services of any appraiser;

(5) Disseminate information and render assistance to lessees of residential lots in order that this chapter may be understood and effectively implemented;

(6) Conduct an investigation upon any written complaint or whenever it appears to the corporation that this chapter has been or is being violated. In such investigation, the corporation may examine the books, accounts, records, and files of any person connected with the matter under investigation and conduct hearings. If the corporation finds from satisfactory evidence that any person has violated or is violating this chapter, it may order such person to cease and desist from continuing the violation or engaging therein or doing any act or acts in furtherance thereof and, where necessary, it may bring an action in the name of the State in any court of competent jurisdiction for enforcement of its orders;

(7) Acquire by eminent domain proceedings, all necessary property interests as provided in this chapter;

(8) Make and execute contracts, mortgages, and other instruments necessary or convenient to the exercise of the powers of the corporation;

(9) From time to time, require from the lessors of leases of residential lots and from all fee owners and legal and equitable owners of lots subject to such leases, such information as it may reasonably require in connection with the administration of this chapter;

(10) Do all things necessary and convenient to carry out the powers expressly conferred upon it by this chapter. [L 1967, c 307, §8; HRS §516-7; am L 1975, c 184, §2(4); am L 1987, c 337, §16; am L 1988, c 104, §2; am L 1997, c 350, §14; am L 2000, c 253, §150; am L 2005, c 196, §26(b); am L 2006, c 180, §16]


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