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Hawaii Revised Statutes Division 2. Business § 429-9

Current as of January 01, 2025 | Updated by Findlaw Staff

If a nonprofit association has been inactive for three years or longer, or a different period specified in a document of the nonprofit association, a person in possession or control of personal property of the nonprofit association may transfer custody of the property:

(1) If a document of the nonprofit association specifies a person to whom transfer is to be made under those circumstances, to that person; or

(2) If no person is so specified, to a nonprofit association or nonprofit corporation pursuing broadly similar purposes or to a government, governmental subdivision, agency, or instrumentality.

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Cite this article: FindLaw.com - Hawaii Revised Statutes Division 2. Business § 429-9 - last updated January 01, 2025 | https://codes.findlaw.com/hi/division-2-business/hi-rev-st-sect-429-9/

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