Hawaii Revised Statutes 634G-2 – Scope of chapter
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Terms Used In Hawaii Revised Statutes 634G-2
- 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.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- 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.
“Goods or services” does not include a dramatic, literary, musical, political, journalistic, or artistic work.
“Governmental unit” means a public corporation or government or governmental subdivision, agency, or instrumentality.
“Person” means an individual, estate, trust, partnership, business or nonprofit entity, governmental unit, or other legal entity.