{"data":{"id":"us-hi/haw.-rev.-stat.-414-199","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 414-199","heading":"Removal of directors by judicial proceeding.","body":"(a) The circuit court may remove a director of the corporation from office in a proceeding commenced either by the corporation or by its shareholders holding at least ten per cent of the outstanding shares of any class if the court finds that:\n\n(1) The director engaged in fraudulent or dishonest conduct, or gross abuse of authority or discretion, with respect to the corporation; and\n\n(2) Removal is in the best interest of the corporation.\n\n(b) The court that removes a director may bar the director from reelection for a period prescribed by the court.\n\n(c) If shareholders commence a proceeding under subsection (a), they shall make the corporation a party defendant.","path":["HI Code","Division 2","Title 23","Chapter 414"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol08_Ch0401-0429/HRS0414/HRS_0414-0199.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"f629146f1b2fd1036a0ef0951e10eae90c94586aa1747510105b4db3e1f656c4","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-414-198","next":"us-hi/haw.-rev.-stat.-414-2"},"notice":"GroundRules: Original legal text. Not legal advice."}
