HAR §15-38-2. Definition

As used in this chapter, unless a different meaning clearly appears in context: "Board" means the board of directors of the development corporation. "Development corporation means the Hawaii technology development corporation established by chapter 206M, HRS. "Grant means financial assistance provided to small businesses for optimizing research and development activities performed in the State of Hawaii under the terms and conditions provided in this chapter. Hawaii-based small business shall have the same meaning as in section 206M-15.2(f) HRS. "HRS" means the Hawaii Revised Statutes. "Recipient" means any business receiving a grant under this chapter. "Resident" shall have the same meaning as in section 235-1, HRS. "State" means the State of Hawaii. [Eff A G 1 7 2 13 ] (Auth: HRS §206M-3) (Imp: HRS §206M-15.2) 38-1 3 33 8