← Back to search

HRS §425E-505

No payment when you leave the LLC

This section says that when a person leaves an LLC (called dissociation), they do not automatically get a payment or share of the company's money just because they left. It only covers that one rule.

everyone

The statute, as written — No distribution on account of dissociation

A person shall not have a right to receive a distribution on account of dissociation.
Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

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