HRS §454M-12
Getting approval for a change in control of a licensee
Read the official text at capitol.hawaii.gov ↗A licensee must apply to the commissioner and pay a $500 fee before a change of control can happen. The commissioner will approve the change only if the new controlling person or group meets legal standards and the public is protected.
The statute, as written — Change in control of a licensee; fees
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.
(a) A licensee shall submit to the commissioner an application requesting approval of a proposed change of control of the licensee, accompanied by a nonrefundable application fee of $500, payable to the division. (b) The commissioner shall approve an application requesting approval of a proposed change of control under subsection (a) if, after investigation, the commissioner determines that: (1) The person or group of persons who will obtain control will be in compliance with this chapter upon approval of the application ; (2) The person or group of persons who will obtain control has the competence, experience, character, and general fitness to control the licensee or person in control of the licensee in a lawful and proper manner; and (3) The interests of the public will not be jeopardized by the change of control.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.