Hawaii Revised Statutes 414D-86 – Member’s liability for dues, assessments, and fees
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Terms Used In Hawaii Revised Statutes 414D-86
- articles: includes amended and restated articles of incorporation, and articles of merger. See Hawaii Revised Statutes 414D-14
- Bylaws: means the code or codes of rules (other than the articles) adopted pursuant to this chapter for the regulation or management of the affairs of the corporation irrespective of the name or names by which the rules are designated. See Hawaii Revised Statutes 414D-14
- Member: means (without regard to what a person is called in the articles or bylaws) any person or persons having the rights and obligations of membership pursuant to a corporation's articles of incorporation or bylaws. See Hawaii Revised Statutes 414D-14
A member may be liable to the corporation for dues, assessments, or fees; provided that the articles or bylaws or a resolution adopted by the board authorizing or imposing dues, assessments, or fees does not, by itself, create liability.