HRS §420D-8
How officers must act for a sustainable business corporation
Officers of a sustainable business corporation must think about the public benefit and other listed interests when they have a choice that could matter. If they follow the general rules for officers, they are not personally on the hook for money damages.
The statute, as written — Standard of conduct for officers
(a) Each officer of a sustainable business corporation shall consider the interests and factors described in section 420D-6(a) in the manner provided in that section when: (1) The officer has discretion to act with respect to a matter; and (2) It reasonably appears to the officer that the matter may have a material effect on: (A) The creation of a general or specific public benefit by the sustainable business corporation; or (B) Any of the interests or factors referred to in section 420D-6(a). (b) An officer shall not be personally liable for monetary damages for any action taken as an officer if the officer performed the duties of the position in compliance with the general standards of conduct pursuant to section 414-233.
Sections this one refers to
§420D-6 Directors' duties in a sustainable business corporation
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