§206J-4  Aloha Tower development corporation; established.  (a)  There is established the Aloha Tower development corporation, which shall be a public body corporate and politic, a public instrumentality, and an agency of the State.  The development corporation shall be placed within the department of transportation for administrative purposes, pursuant to section 26-35.

     (b)  The development corporation shall consist of a board of directors having three voting members:  The director of business, economic development, and tourism, the director of transportation, and the deputy director of transportation, harbors division.  The board, by a majority vote, shall elect a chairperson from within its membership.

     (c)  The members of the board appointed under subsection (b) shall serve without compensation, but each member shall be reimbursed for expenses, including travel expenses, incurred in the performance of their duties.

     (d)  The board shall appoint a chief executive officer.  The board shall set the salary of the executive officer, who shall serve at the pleasure of the board and shall be exempt from chapter 76. [L 1981, c 236, pt of §1; am L 1986, c 146, §3; am L 1987, c 336, §7; am L 1990, c 293, §8; am L 1992, c 34, §1; am L 2000, c 253, §150; am L 2008, c 200, §4; am L 2011, c 152, §2]