Hawaii Revised Statutes 428-702 – Court action to determine fair value of distributional interest
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Terms Used In Hawaii Revised Statutes 428-702
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Distributional interest: means all of a member's interest in distributions by the limited liability company. See Hawaii Revised Statutes 428-101
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Limited liability company: means a limited liability company organized under this chapter. See Hawaii Revised Statutes 428-101
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.