Hawaii Revised Statutes 432:1-201 – Incorporation by charter
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Terms Used In Hawaii Revised Statutes 432:1-201
- 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.
- Society: means mutual benefit society. See Hawaii Revised Statutes 432:1-406
Any mutual benefit society may be or become incorporated by charter, notwithstanding any limitations under the corporation law as to the purposes for which charters may be granted. Any society so chartered as a corporation shall be subject in all respects to this article.