HAR §13-234-33

HAR §13-234-33. Business transfer fee

Last amended: 2019Length: 494 wordsOfficial source

Cite as Haw. Code R. § 13-234-33

(a) Whenever a stockholder or owner of an interest in a corporation or other business which has been issued a commercial use permit sells or transfers ten per cent or more of the stock or interest in the firm, either as a single transaction or an aggregate of several transactions, to any person who is not a stockholder or owner of record, except for transfers between spouses or first generation lineal descendants, on the effective date of these rules, the seller or person transferring such stock or interest shall pay to the department a business transfer fee based on the passenger-carrying capacity of the vessel, and shall be as follows: (1) Vessels used for bare boat (demise) and sailing charters carrying six or less passengers............................$2,500 (2) Vessels registered by the State or documented by the U.S. Coast Guard to carry six passengers or less, used for charter fishing or other commercial purpose...............................$5,000 (3) Vessels certified by the U.S. Coast Guard to carry seven to twenty-four passengers...........................$10,000 (4) Vessels certified by the U.S. Coast Guard to carry twenty-five to forty-nine passengers...........................$15,000 (5) Vessels certified by the U.S. Coast Guard to carry fifty to seventy-four passengers...........................$25,000 (6) Vessels certified by the U.S. Coast Guard to carry seventy-five to ninety-nine passengers...........................$40,000 (7) Vessels certified by the U.S. Coast Guard to carry one hundred to one hundred forty nine passengers...........................$75,000 (b) When less than one hundred per cent of the interest in the corporation is transferred, the 234-27 Unofficial Compilation business transfer fee shall be based upon a like percentage of the business transfer fee provided in subsection (a). [Eff 2/24/94; am and comp 8/23/19] (Auth: HRS §§200-4, 200-6, 200-10, 200-22, 200-24) (Imp: HRS §§200-4, 200-6, 200-10, 200-22, 200-24) §13-234-34 Fee for use of state boat launching ramps. (a) An annual boat ramp decal user fee of seventy-five dollars shall be paid by owners of trailered vessels using facilities under the jurisdiction of the division of boating and ocean recreation for recreational and fishing purposes to gain access to the waters of the State. This fee is charged for the purpose of defraying costs of maintenance of state boating facilities. (b) In addition to the vessel registration fee, the annual boat ramp decal fee described in subsection (a) shall be paid in full at the time of registration or registration renewal. (c) The department shall provide an owner with a set of decals for the trailer upon payment of the fee required by this section. Current boat ramp decals shall be affixed to each side of the forward end of the trailer tongue whenever the vessel trailer is operated or stored at a state boating facility. (d) Notwithstanding subsection (c), a boat dealer or manufacturer shall be allowed to place a ramp decal on the dashboard of the vehicle used to transport a demonstration vessel. [Eff 2/24/94; am 12/16/06; am and comp 8/23/19] (Auth: HRS §§200-2, 200-3, 200-4, 200-22, 200-24) (Imp: HRS §§200-2, 200- 3, 200-4, 200-22, 200-24)
HAR §13-234-33: HAR §13-234-33. Business transfer fee | Justis AI