Hawaii Revised Statutes 435E-1 – Definitions
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Terms Used In Hawaii Revised Statutes 435E-1
- 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.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
Unless the context clearly requires otherwise:
“Commissioner” means the insurance commissioner of this State.
“Physician” or “surgeon” means any person licensed to practice medicine or osteopathic medicine under chapter 453; or any professional corporation, partnership, or other entity whose stockholders or partners are comprised solely of persons licensed under chapter 453.