{"data":{"id":"us-hi/haw.-rev.-stat.-432c-5","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 432C-5","heading":"Transfer of assets to other nonprofit entities.","body":"The commissioner shall determine prior to any conversion, the nonprofit entities, if any, that are eligible to receive assets from the converting nonprofit entity. The charitable mission and grant-making functions of each eligible nonprofit entity must:\n\n(1) Be dedicated to promoting or serving the health care needs of residents of the State;\n\n(2) Not be in direct competition with the converting nonprofit entity; and\n\n(3) Be in existence and have qualified for tax-exempt status under Title 26 United States Code section 501(c)(3), (4), (8), (9), (26), or (e), before the transfer of assets.","path":["HI Code","Division 2","Title 24","Chapter 432C"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol09_Ch0431-0435H/HRS0432C/HRS_0432C-0005.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"5b7f1c3ed17871d8a7b2854fa7f3c94a48ff5b14a56140181bd141e8e7034c47","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-432c-4","next":"us-hi/haw.-rev.-stat.-432c-6"},"notice":"GroundRules: Original legal text. Not legal advice."}