HRS §420D-10

Shareholders and directors can sue to enforce the company's purpose

Read the official text at capitol.hawaii.gov ↗

This section gives shareholders and directors of a sustainable business corporation the right to sue, either directly or on behalf of the company, to enforce the company's purposes and the standards for directors. It covers both general corporate purposes and specific public benefit purposes, as well as the required conduct for directors.

The statute, as written — Right of action

A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.

The shareholders and directors of a sustainable business corporation shall have the right to bring direct or derivative claims to enforce corporate purposes and the standards for directors as set forth in section 414-221(a) and shall have the right to bring direct or derivative claims to enforce the general or specific public benefit purposes of the sustainable business corporation and the standard of conduct for directors pursuant to section 420D-6(a)(1).

Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

Sections this one refers to

§414-221 Directors' duties and protections

§420D-6 Directors' duties in a sustainable business corporation

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