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OHA trustees approve forming special-purpose LLCs for most fee lands after public objections on transparency
Summary
Trustees voted to authorize the creation of individual limited liability companies for most fee-owned OHA parcels (excluding Kakaʻako), with staff and consultant saying the structure offers liability protection and quarterly public reporting; one public testifier urged trustees to reject the plan citing transparency and accountability concerns.
The Office of Hawaiian Affairs Committee on Investment and Land Management on Feb. 4 approved an administrative proposal to form special-purpose limited liability companies to hold OHA fee-owned properties, excluding Kakaʻako parcels.
Jermaine Myers, who identified himself as an OHA beneficiary, testified in strong opposition to ILM 26-02. Myers urged trustees to reject the proposal, arguing that LLCs “are designed to limit liability, compartmentalize risk, and separate ownership from accountability,” and warned that such structures can reduce transparency into financial records and decision making. “If these lands belong to the Lahui, why would we place them…
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