A personal representative, guardian, conservator, or receiver of the estate of a shareholder of a professional corporation who holds all of the outstanding shares of the corporation may amend the articles of incorporation by signing a written consent to the amendment. Articles of amendment so adopted shall be executed on behalf of the corporation by the personal representative, guardian, conservator, or receiver and by the surviving officer, and verified on oath by one of the persons signing the articles, and shall set forth:

(1) The name of the corporation;

Terms Used In Hawaii Revised Statutes 415A-15

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • 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.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
(2) The amendments so adopted which shall be identified by the numerical or other designation thereof in the articles of incorporation;
(3) The date of adoption of the amendment by the personal representative, guardian, conservator, or receiver;
(4) The number of shares outstanding; and
(5) The number of shares held by the personal representative, guardian, conservator, or receiver.

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