§421-21 Voluntary dissolution. Chapter 414, relating to the voluntary dissolution of profit corporations, and chapter 414D, relating to the voluntary dissolution of nonprofit corporations, shall apply, as the case may be, to associations formed under this chapter except that the dissolution shall be approved at a meeting duly called and held for the purpose by not less than two-thirds of the voting power voting thereon. [L 1949, c 234, pt of §1; am L 1953, c 137, §1(d); RL 1955, §176-22; HRS §421-21; am L 1983, c 167, §11(3); am L 1985, c 270, §4; am L 1988, c 370, §4; am L 2002, c 40, §58]
Structure Hawaii Revised Statutes
Title 23. Corporations and Partnerships
421. Agricultural Cooperative Associations
421-3 Qualifications of incorporators.
421-4 Articles of incorporation.
421-6 Filing and recording articles of incorporation, etc.
421-7 Amendments of articles of incorporation.
421-11 Membership or stock certificates, transfers, dividends, preferred stock.
421-12 General and special meetings; how called.
421-18 Contracts between association and members.
421-20 Associations are not in restraint of trade.
421-24 Application to existing association.