HRS §431:4-241
No false or misleading statements in proxy solicitations
This section bans anyone from using false or misleading statements when asking for proxies. It also bans leaving out important facts that would make the statements misleading, or failing to correct earlier false statements. This applies to written or spoken communications.
everyone
The statute, as written — False or misleading statements
No solicitation subject to this part shall be made by means of any proxy statement, form of proxy, notice of meeting, or other communication, written or oral, containing any statement which at the time and in the light of the circumstances under which it is made, is false or misleading with respect to any material fact, or which omits any material fact necessary in order to make the statements not false or misleading or necessary to correct any statement in any earlier communication with respect to the solicitation of a proxy for the same meeting or subject matter which has become false or misleading.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.