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Terms Used In Hawaii Revised Statutes 414D-82

  • articles: includes amended and restated articles of incorporation, and articles of merger. See Hawaii Revised Statutes 414D-14
  • Bylaws: means the code or codes of rules (other than the articles) adopted pursuant to this chapter for the regulation or management of the affairs of the corporation irrespective of the name or names by which the rules are designated. See Hawaii Revised Statutes 414D-14

Except as provided in its articles or bylaws, a corporation may admit members for no consideration or for such consideration as is determined by the board.