HRS §414-194
How certain shareholders can elect directors
Read the official text at capitol.hawaii.gov ↗If a company's articles of incorporation divide shares into classes, they can also let one or more of those classes elect all or some of the directors. Each class that can elect directors is its own voting group for that election.
The statute, as written — Election of directors by certain classes of shareholders
A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.
If the articles of incorporation authorize dividing the shares into classes, the articles may also authorize the election of all or a specified number of directors by the holders of one or more authorized classes of shares. A class or classes of shares entitled to elect one or more directors is a separate voting group for purposes of the election of directors.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.