HRS §414-235

Officer jobs and contract rights

Read the official text at capitol.hawaii.gov ↗

This section says that being chosen as an officer does not automatically create a contract with the corporation. If an officer is removed or resigns, any existing contract rights they or the corporation have are not affected.

The statute, as written — Contract rights of officers

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.

(a) The appointment or election of an officer does not itself create contract rights. (b) An officer's removal does not affect the officer's contract rights, if any, with the corporation. An officer's resignation does not affect the corporation's contract rights, if any, with the officer.

Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.