§211G-19 - Adoption of rules, policies, procedures, and regulatory and administrative measures; enforceability of guarantees of corporation unaffected. - Hawaii Statutes

     [§211G-19]  Adoption of rules, policies, procedures, and regulatory and administrative measures; enforceability of guarantees of corporation unaffected.  (a)  The corporation may adopt rules, policies, procedures, and regulatory and administrative measures necessary to administer the programs of the corporation or convenient for the organizational and internal management of the corporation's and board's responsibilities.

     (b)  The level, timing, or degree of success of the corporation in mobilizing or ensuring investment in Hawaii businesses or projects shall not compromise, diminish, invalidate, or affect the enforceability of any guarantee of the corporation. [L 2004, c 215, pt of §1]