HRS §414-285
Changing the rules before any shares are sold
Read the official text at capitol.hawaii.gov ↗If a company has not yet sold any shares, the people who started it or its board of directors can change the company's official rules. This section only allows changes before shares are issued. It does not say how to do it or what limits apply.
The statute, as written — Amendment before issuance of shares
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 a corporation has not yet issued shares, its incorporators or board of directors may adopt one or more amendments to the corporation's articles of incorporation.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.