{"data":{"id":"us-hi/haw.-rev.-stat.-414-288","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 414-288","heading":"Amendment pursuant to reorganization.","body":"(a) A corporation's articles of incorporation may be amended without action by the board of directors or shareholders to carry out a plan of reorganization ordered or decreed by a court of competent jurisdiction under federal statute, if the articles of incorporation after amendment contain only provisions required or permitted by section 414-32.\n\n(b) The individual or individuals designated by the court shall deliver to the department director for filing articles of amendment setting forth:\n\n(1) The name of the corporation;\n\n(2) The text of each amendment approved by the court;\n\n(3) The date of the court's order or decree approving the articles of amendment;\n\n(4) The title of the reorganization proceeding in which the order or decree was entered; and\n\n(5) A statement that the court had jurisdiction of the proceeding under federal statute.\n\n(c) Shareholders of a corporation undergoing reorganization do not have dissenters' rights except as and to the extent provided in the reorganization plan.\n\n(d) This section does not apply after entry of a final decree in the reorganization proceeding even though the court retains jurisdiction of the proceeding for limited purposes unrelated to consummation of the reorganization plan.","path":["HI Code","Division 2","Title 23","Chapter 414"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol08_Ch0401-0429/HRS0414/HRS_0414-0288.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"70351287aa5d4064010f8f0e011eebf905828b875595cd758102bac8de432916","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-414-287","next":"us-hi/haw.-rev.-stat.-414-289"},"notice":"GroundRules: Original legal text. Not legal advice."}