Haw. Rev. Stat. § 414-176: Discontinuance or settlement.
Where this section sits in the code
- HI Code
- Division 2
- Title 23
- Chapter 414
A derivative proceeding may not be discontinued or settled without the court's approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of the corporation's shareholders or a class of shareholders, the court shall direct that notice be given to the shareholders affected.
Collected 2026-09-14T18:32:11Z. Source file · JSON