§421C-37 Existing cooperatives. Any domestic corporation or group operating on a cooperative basis as defined in section 421C-1 may elect by a vote of two-thirds of the members present and voting to secure the benefits of and be bound by this chapter, and shall thereupon file such papers or amend such of its articles and bylaws as are not in conformity with these provisions. A certified copy of any amended articles shall be filed with the director of commerce and consumer affairs and a fee of $25 shall be paid. [L 1982, c 97, pt of §2 and c 204, §8; am L 1983, c 124, §17; am L 1984, c 217, §9]
Structure Hawaii Revised Statutes
Title 23. Corporations and Partnerships
421C. Consumer Cooperative Associations
421C-3 Stock and nonstock associations; general corporation laws, when applicable.
421C-19 Limitations on interest-dividends.
421C-20 Admission to membership.
421C-21 Issuance of stock and membership certificates.
421C-22 Transfer of shares and membership; withdrawal.
421C-23 Recall of member's holdings.
421C-25 Allocation and distribution of net savings.
421C-26 Cooperative agreements.
421C-30 Voluntary dissolution, etc.
421C-32 Associations and agreements are not in restraint of trade.
421C-34 Use of name "cooperative"; penalty.
421C-35 Construction of chapter.
421C-36 Exemption of voting stock from registration.
421C-37 Existing cooperatives.