HRS §415A-30
Effect of Repealing an Older Law
This section says that when this chapter repeals an older law, the repeal does not erase things already done under that older law. Valid company rules, rights, debts, or penalties that existed before the repeal stay valid.
everyone
The statute, as written — Effect of repeal of prior acts
The repeal of a prior act by this chapter shall not affect the validity of any provisions of articles of incorporation and bylaws which were adopted, any right accrued or established, or any liability or penalty incurred, under the provisions of such act, prior to the repeal thereof.
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