Haw. Rev. Stat. § 428-303
Liability of members and managers
Hawaii · Hawaii Revised Statutes Chapter 428 — Uniform Limited Liability Company Act · Status: effective
Cite this
- Citation
- Haw. Rev. Stat. § 428-303, Liability of members and managers, Hawaii, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2424445
- Permanent ID
ys:prov:2424445@1- SHA-256
e69d077b8bd0f24e9b7380dbf371becc6b880ecc441900f79c378f2be7d812c7
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) Except as otherwise provided in subsection (c), the debts, obligations, and liabilities of a limited liability company, whether arising in contract, tort, or otherwise, are solely the debts, obligations, and liabilities of the company. A member or manager shall not be personally liable for any debt, obligation, or liability of the company solely by reason of being or acting as a member or a manager.
(b) The failure of a limited liability company to observe the usual company formalities or requirements relating to the exercise of its company powers or management of its business shall not be a ground for imposing personal liability on the members or managers for liabilities of the company.
(c) All or specified members of a limited liability company shall be liable in their capacity as members for all or specified debts, obligations, or liabilities of the company if:
(1) A provision to that effect is contained in the articles of organization; and
(2) A member so liable has consented in writing to the adoption of the provision or to be bound by the provision.