Hawaii Revised Statutes 414-331 – Sale of assets in regular course of business and mortgage of assets
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Terms Used In Hawaii Revised Statutes 414-331
- Articles of incorporation: include amended and restated articles of incorporation and articles of merger. See Hawaii Revised Statutes 414-3
- 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.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Shares: means the units into which the proprietary interests in a corporation are divided. See Hawaii Revised Statutes 414-3