Hawaii Revised Statutes

Haw. Rev. Stat. § 516-26 (2026)

Interest in compensation paid by the corporation

✓ current as of July 2026

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§516-26 Interest in compensation paid by the corporation. The fee owner, lessor, and all legal and equitable owners shall share in the compensation paid by the Hawaii housing finance and development corporation as their respective interests appear. Notwithstanding any contrary provision in any contract or lease, a developer or other person entitled to share in the lease rentals shall share in such compensation paid by the corporation to the extent of the developer's or other person's interest as may be determined by agreement of those entitled to share in the compensation paid by the corporation, or in the absence of such agreement, pursuant to chapter 658A. [L 1967, c 307, §15; HRS §516-26; am L 1975, c 184, §2(10); gen ch 1985; am L 1987, c 337, §16; am L 1988, c 104, §2; am L 1997, c 350, §14; am L 2001, c 265, §4; am L 2005, c 196, §26(b); am L 2006, c 180, §16]

Notes of Decisions

Cited in 2 cases, 1985–1986 · leading case: Hawaii Hous. Auth. v. Lyman, 704 P.2d 888 (Haw. 1985).

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Hawaii Hous. Auth. v. Lyman, 704 P.2d 888 (Haw. 1985). · cites it 4× “” HRS § 516-26 (1976). Regardless of the HHA’s ultimate source for these funds, by statute the HHA as plaintiff-condemnor will be the party bearing liability, if any, for the award.”

Kaiser Dev. Co. v. City & Cnty. of Honolulu, 649 F. Supp. 926 (D. Haw. 1986). “§ 516-26, provides that if the Hawaii Housing Authority condemns land, the fee owner, lessor, and all legal and equitable owners share in the compensation.”

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