[§305E-2] Policies and procedures. The University of Hawaii shall be responsible for the establishment of policies and procedures to administer the program. In this regard, the university shall, among other things, prepare and make public the following:

(1) The list of the high school, business school, trade school and adult education school courses for which college credits may be earned,

(2) The number of credits which may be earned for each course, and

(3) The minimum standards or grades necessary to earn college credits. [L 1973, c 207, pt of §2]