(a) A corporation has the officers described in its bylaws or appointed by the board of directors in accordance with the bylaws.

Terms Used In Hawaii Revised Statutes 414-231

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Individual: means a natural person. See Hawaii Revised Statutes 414-3
(b) A duly appointed officer may appoint one or more officers or assistant officers if authorized by the bylaws or the board of directors.
(c) The bylaws or the board of directors shall delegate to one of the officers responsibility for preparation and custody of minutes of the directors’ and shareholders’ meetings and for authenticating records of the corporation.
(d) The same individual may simultaneously hold more than one office in a corporation.

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