Sections
Part 1 Subject Matter and Definitions 490:4A-101 – 490:4A-108
Part 2 Issue and Acceptance of Payment Order 490:4A-201 – 490:4A-212
Part 3 Execution of Sender’s Payment Order by Receiving Bank 490:4A-301 – 490:4A-305
Part 4 Payment 490:4A-401 – 490:4A-406
Part 5 Miscellaneous Provisions 490:4A-501 – 490:4A-507

Terms Used In Hawaii Revised Statutes > Chapter 490 > ARTICLE 4A

  • Benefit director: means the director designated as the benefit director of a sustainable business corporation under section 420D-7. See Hawaii Revised Statutes 490:4A-503
  • Broker-dealer: means a "broker-dealer" as defined in section 485A-102. See Hawaii Revised Statutes 490:4A-205
  • Commissioner: means the commissioner of securities as provided for in chapter 485A. See Hawaii Revised Statutes 490:4A-205
  • county: includes the city and county of Honolulu. See Hawaii Revised Statutes 54-17
  • Director: means the director of commerce and consumer affairs. See Hawaii Revised Statutes 490:4-205
  • Equity security: means any stock or similar security; or any security convertible, with or without consideration, into such a security; or carrying any warrant or right to subscribe to or purchase such a security; or any such warrant or right; or any other security which the commissioner deems to be of similar nature and considers necessary or appropriate, by such rules as the commissioner may prescribe in the public interest and for the protection of investors, to treat as an equity security. See Hawaii Revised Statutes 490:4A-205
  • General public benefit: means a material positive impact on society and the environment, taken as a whole and as measured by a third-party standard under section 420D-12, from the business and operations of a sustainable business corporation. See Hawaii Revised Statutes 490:4A-503
  • Intoxicating liquor: means the same as the term is defined in section 281-1. See Hawaii Revised Statutes 490:4A-303
  • Minimum status vote: means that in addition to any other approval or vote required by this chapter or the bylaws adopted by the shareholders:

         (1)  The holders of shares of every class or series shall be entitled to vote on the corporate action regardless of any limitation stated in the articles of incorporation or bylaws on the voting rights of any class or series; and

         (2)  The corporate action shall be approved by vote of the shareholders of each class or series entitled to cast at least two-thirds of the votes that all shareholders of the class or series are entitled to cast thereon. See Hawaii Revised Statutes 490:4A-503

  • month: means a calendar month; and the word "year" a calendar year. See Hawaii Revised Statutes 54-15
  • oath: includes a solemn affirmation. See Hawaii Revised Statutes 54-16
  • Offeree: means the beneficial owner, residing in Hawaii, of equity securities which an offeror offers to acquire in connection with a take-over offer. See Hawaii Revised Statutes 490:4A-205
  • Offeror: means a person who makes or in any way participates in making a take-over offer. See Hawaii Revised Statutes 490:4A-205
  • Professional corporation: means a domestic professional corporation for profit subject to this chapter. See Hawaii Revised Statutes 490:4-205
  • Scenic lookout: includes any area within or adjoining a public street, road, or highway which is intended for use by motorists as a stopping or parking area attendant to the enjoyment of the surrounding scenery or a view. See Hawaii Revised Statutes 490:4A-303
  • Sustainable business corporation: means a domestic corporation, incorporated under chapter 414, that has elected to also become subject to this chapter and whose status as a sustainable business corporation has not been terminated as provided in this chapter. See Hawaii Revised Statutes 490:4A-503
  • Take-over offer: means the offer to acquire any equity securities of a target company from a resident of this State pursuant to a tender offer or request or invitation for tenders, if after the acquisition of all securities acquired pursuant to the offer either the offeror would be directly or indirectly a beneficial owner of more than ten per cent of any class of the outstanding equity securities of the target company; or the beneficial ownership by the offeror of any class of the outstanding equity securities of the target company would be increased by more than five per cent, provided that this does not apply if after the acquisition of all securities acquired pursuant to the offer, the offeror would not be directly or indirectly a beneficial owner of more than ten per cent of any class of the outstanding equity securities of the target company. See Hawaii Revised Statutes 490:4A-205
  • Target company: means an issuer of publicly traded equity securities which is organized under the laws of the State or has at least twenty per cent of its equity securities beneficially held by residents of this State, and has substantial assets in this State. See Hawaii Revised Statutes 490:4A-205