HRS §415A-28
Which existing corporations this law covers
This section says the law applies to professional corporations formed under earlier state laws that this law replaces. Other corporations can choose to follow this law by filing a change with the director. The law does not force any other corporation to follow it, and it does not change actions or rules made before July 1, 1987.
businesses
The statute, as written — Application to existing corporations
(a) This chapter shall apply to all existing professional corporations organized under any general act of this State which is repealed by this chapter. (b) Any corporation organized under any act of this State which is not repealed hereby may become subject to the provisions of this chapter by delivering to the director duly executed articles of amendment stating that the corporation elects to become subject to this chapter and containing the amendment of its corporate name or purposes as may be required to comply with this chapter. (c) This chapter shall not apply to any corporation now in existence or hereafter organized under any act of this State which is not repealed hereby unless the corporation voluntarily becomes subject to this chapter as provided in this chapter, and nothing contained in this chapter shall alter or affect any existing or future right or privilege permitting or not prohibiting performance of professional services through the use of any other form of business organization. Nothing in this chapter shall affect the validity of any action taken by any corporation, or shall impair or affect the validity of any provision of the articles of incorporation or bylaws adopted by any corporation prior to July 1, 1987.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.