Haw. Rev. Stat. § 414D-307
Report of indemnification to members
Hawaii · Hawaii Revised Statutes Chapter 414D — Hawaii Nonprofit Corporations Act · Status: effective
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- Citation
- Haw. Rev. Stat. § 414D-307, Report of indemnification to members, Hawaii, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2423972
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Full text
If a corporation indemnifies or advances expenses to a director under sections 414D-160 to 414D-163, in connection with a proceeding by or in the right of the corporation, the corporation shall report the indemnification or advance in writing to the members with or before the notice of the next meeting of members.