HAR §15-305-12. Analysis and reply

(a) The executive director shall review the lessees' request for designation and shall report to the corporation on the feasibility of such designation. Within ninety days after receipt of a request for designation and all required accompanying documents and initial deposit, the executive director shall inform the lessees' representative of the preliminary determination of the feasibility of designation and shall inform the lessees when a public hearing will be scheduled pursuant to section 15-305-15. (b) The executive director shall review each lessee's application to purchase and all accompanying forms. If the executive director makes a preliminary determination that a lessee is not financially or otherwise qualified to participate in the designation, the executive director shall so notify the lessee within ninety calendar days, and shall return the lessee's application to purchase. [Eff JUN 15 2007 1 (Auth: HRS §5516-7, 516-33) (Imp: HRS §5516-6, "516- 22, 516-33) 305-7 HIJK L M §15-305-13