Haw. Rev. Stat. § 414-144

Shares held by nominees

Hawaii · Hawaii Revised Statutes Chapter 414 — Hawaii Business Corporation Act · Status: effective

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Citation: Haw. Rev. Stat. § 414-144, Shares held by nominees, Hawaii, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2423658
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(a) A corporation may establish a procedure by which the beneficial owner of shares that are registered in the name of a nominee is recognized by the corporation as the shareholder. The extent of this recognition may be determined in the procedure. (b) The procedure may set forth: (1) The types of nominees to which it applies; (2) The rights or privileges that the corporation recognizes in a beneficial owner; (3) The manner in which the procedure is selected by the nominee; (4) The information that must be provided when the procedure is selected; (5) The period for which selection of the procedure is effective; and (6) Other aspects of the rights and duties created.