HAR §16-101-37
HAR §16-101-37. By-laws
Cite as Haw. Code R. § 16-101-37
The by-laws of a professional corporation shall
include a provision whereby the capital stock of the corporation owned by a
disqualified person, or a deceased person, shall be sold to the corporation or the
remaining shareholders of the corporation within the time provided in section
416-147, HRS.
[Eff 4/4/70; am and ren §16-101-37, 6/22/81; comp 10/31/86]
(Auth: HRS §§416-144, 416-150, 416-151) (Imp: HRS §416-147)