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HRS §414-352

How to tell a corporation you want payment for your shares

If a company plans a major action and you disagree, you must tell the company in writing before the vote that you intend to demand payment for your shares. You also must not vote in favor of the action. If you don't follow these steps, you lose the right to payment.

The statute, as written — Notice of intent to demand payment

(a) If proposed corporate action creating dissenters' rights under section 414-342 is submitted to a vote at a shareholders' meeting, a shareholder who wishes to assert dissenters' rights: (1) Must deliver to the corporation before the vote is taken written notice of the shareholder's intent to demand payment for the shareholder's shares if the proposed action is effectuated; and (2) Must not vote the shareholder's shares in favor of the proposed action. (b) A shareholder who does not satisfy the requirements of subsection (a) is not entitled to payment for the shareholder's shares under this part.
Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

Sections this one refers to

§414-342 When shareholders can dissent and get paid

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