Statutes > Hawaii Statutes > Volume 08 > TITLE 23 - CORPORATIONS AND PARTNERSHIPS > CHAPTER 414D - HAWAII NONPROFIT CORPORATIONS ACT > §414D-231 - Prohibited distributions.

§414D-231 - Prohibited distributions.

PART XII.  DISTRIBUTIONS

 

     [§414D-231]  Prohibited distributions.  Except as authorized by section 414D‑232, a corporation shall not make any distributions. [L 2001, c 105, pt of §1]