§429-9 Disposition of personal property of inactive nonprofit association. If a nonprofit association has been inactive for three years or longer, or a different period specified in a document of the nonprofit association, a person in possession or control of personal property of the nonprofit association may transfer custody of the property:
(1) If a document of the nonprofit association specifies a person to whom transfer is to be made under those circumstances, to that person; or
(2) If no person is so specified, to a nonprofit association or nonprofit corporation pursuing broadly similar purposes or to a government, governmental subdivision, agency, or instrumentality. [L 1999, c 161, pt of §1]
Structure Hawaii Revised Statutes
Title 23A. Other Business Entities
429. Uniform Unincorporated Nonprofit Association Act
429-2 Supplementary general principles of law and equity.
429-3 Territorial application.
429-4 Real and personal property; nonprofit association as legatee, devisee, or beneficiary.
429-5 Statement of authority as to real property.
429-6 Liability in contract and tort.
429-7 Capacity to assert and defend; standing.
429-8 Effect of judgment or order.
429-9 Disposition of personal property of inactive nonprofit association.
429-10 Appointment of agent to receive service of process.