Hawaii Revised Statutes 414-171 – Definitions
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Terms Used In Hawaii Revised Statutes 414-171
- 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.
- Foreign corporation: means a corporation for profit incorporated under a law other than the law of this State. See Hawaii Revised Statutes 414-3
- Shares: means the units into which the proprietary interests in a corporation are divided. See Hawaii Revised Statutes 414-3
As used in this subpart:
“Derivative proceeding” means a civil suit in the right of a domestic corporation or, to the extent provided in § 414-178, in the right of a foreign corporation.
“Shareholder” includes a beneficial owner whose shares are held in a voting trust or held by a nominee on the beneficial owner’s behalf.