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HRS §414D-231

Prohibited distributions

This section says a corporation cannot give money or property to its owners unless another law allows it. It is a narrow rule with no details about when distributions are allowed.

businesses

The statute, as written — Prohibited distributions

Except as authorized by section 414D-232, a corporation shall not make any distributions.
Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

Sections this one refers to

§414D-232 When a nonprofit can give money or benefits

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