Haw. Code R. § 4-158-12 - Extension restrictions

The board may impose the following restrictions on any lease extensions:

(1) No aggregate term period shall be less than fifteen years nor exceed sixty-five years;
(2) The purpose of the extension shall be for a specific agricultural activity(ies) and may include waste or unusable lands for preservation of the surrounding environment and continuity of farming operations; and
(3) The lease shall not be in violation of existing lease terms or conditions or be in arrears of rents due at the date of extension.

Notes

Haw. Code R. § 4-158-12
[Eff DEC 06 2007] (Auth: HRS § 166E-5) (Imp: HRS § 166E-6)

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