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Haw. Rev. Stat. §§ 432C-1 through 432C-7: Nonprofit Entities; Conversion of Assets – Hawaii
Status: EnactedYear Enacted: 1998
Year Amended: 2003
File: Download
No nonprofit entity may engage in a conversion without prior approval of the application for conversion by the commissioner. Any conversion without the commissioner’s approval shall be voidable by the commissioner. A nonprofit entity shall file an application with the commissioner at least six months prior to a proposed conversion.
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