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2019 Hawaii Revised Statutes
TITLE 23. CORPORATIONS AND PARTNERSHIPS
414D. Hawaii Nonprofit Corporations Act
414D-92 Purchase of memberships.
Universal Citation: HI Rev Stat § 414D-92 (2019)
§414D-92 Purchase of memberships. (a) A public benefit corporation shall not purchase any of its memberships or any right arising therefrom.
(b) A corporation other than a public benefit corporation may purchase its memberships only to the extent provided in section 414D-232. [L 2019, c 65, §1]
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