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§211F-5.5 - Cancer detection development revolving fund; establishment.

     [§211F-5.5]  Cancer detection development revolving fund; establishment.  (a)  There is established the cancer detection development revolving fund to be administered by the Hawaii strategic development corporation to assist enterprises that develop healthcare and biomedical technology to detect cancer, including cervical cancer, in its early stages.

     (b)  The fund shall not be considered part of the general fund and shall consist of moneys:

     (1)  Appropriated by the legislature;

     (2)  Received as repayments of loans;

     (3)  Earned on investments;

     (4)  Received pursuant to a venture agreement;

     (5)  Received as royalties; and

     (6)  Received as premiums, or fees charged by the corporation or otherwise received by the corporation. [L 2003, c 174, §2]

 

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