Hawaii Revised Statutes Division 1. Government § 186-1

When used herein:

“Board” means the board of land and natural resources.

“Department” means the department of land and natural resources.

“Owner” shall include any person leasing the real property of another under a lease having a stated term of not less than thirty years.

“Stumpage value” means the value that a willing buyer will pay to a willing seller per thousand board feet for trees standing and uncut. This value shall not include logging costs.