{"data":{"id":"us-hi/haw.-rev.-stat.-428-703","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 428-703","heading":"Dissociated member's power to bind the limited liability company.","body":"Provided that the dissociation does not result in a dissolution and winding up of a limited liability company's business, for two years after a member dissociates from the company, the company, including a surviving company under part IX, shall be bound by an act of the dissociated member which would have bound the company under section 428-301 before dissociation only if at the time of entering into the transaction the other party:\n\n(1) Reasonably believed that the dissociated member was then a member;\n\n(2) Did not have notice of the member's dissociation; and\n\n(3) Is not deemed to have had notice under section 428-704.","path":["HI Code","Division 2","Title 23A","Chapter 428"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol08_Ch0401-0429/HRS0428/HRS_0428-0703.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"dfed606a6b83ce47e515820ed107b7b84455ab5ce9abcedbcc8f5fb0558025c1","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-428-702","next":"us-hi/haw.-rev.-stat.-428-704"},"notice":"GroundRules: Original legal text. Not legal advice."}