{"data":{"id":"us-hi/haw.-rev.-stat.-414-356","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 414-356","heading":"Payment.","body":"(a) Except as provided in section 414-358, as soon as the proposed corporate action is taken, or upon receipt of a payment demand, the corporation shall pay each dissenter who complied with section 414-354 the amount the corporation estimates to be the fair value of the dissenter's shares, plus accrued interest.\n\n(b) The payment must be accompanied by:\n\n(1) The corporation's balance sheet as of the end of a fiscal year ending not more than sixteen months before the date of payment, an income statement for that year, a statement of changes in shareholders' equity for that year, and the latest available interim financial statements, if any;\n\n(2) A statement of the corporation's estimate of the fair value of the shares;\n\n(3) An explanation of how the interest was calculated;\n\n(4) A statement of the dissenter's right to demand payment under section 414-359; and\n\n(5) A copy of this part.","path":["HI Code","Division 2","Title 23","Chapter 414"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol08_Ch0401-0429/HRS0414/HRS_0414-0356.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"8db01512d4ab823afe8013b25b06bc33248294295ed9e053b0dabb4791ee59e8","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-414-355","next":"us-hi/haw.-rev.-stat.-414-357"},"notice":"GroundRules: Original legal text. Not legal advice."}
