HRS §356D-10
How the housing authority can use agents and corporations
This section lets the housing authority use agents, including corporations it creates or buys stock in, to carry out its powers. A for-profit corporate agent owned by the authority can exercise the authority's powers as allowed by law.
state agencies
The statute, as written — Agents, including corporations
The authority may exercise any or all of the powers conferred upon it, either generally or with respect to any specific housing project through an agent that it may designate, including any corporation that is formed under the laws of this State, and for those purposes the authority may cause one or more corporations to be formed under the laws of this State or may acquire the capital stock of any corporation. Any for profit corporate agent, all of the stock of which shall be owned by the authority or its nominee, may to the extent permitted by law, exercise any of the powers conferred upon the authority in this chapter.
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