HRS §414-285
Changing the rules before any shares are sold
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
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.