Source: https://law.justia.com/codes/hawaii/2010/division2/title23a/chapter428/428-411/
Timestamp: 2019-08-23 14:11:58
Document Index: 451545218

Matched Legal Cases: ['§ 428', '§428', '§428', '§ 428', '§428', '§1']

HI Rev Stat § 428-411 :: Continuation of limited liability company after expiration of specified term. :: 2010 Hawaii Code :: US Codes and Statutes :: US Law :: Justia
Justia US Law US Codes and Statutes Hawaii Code 2010 Hawaii Code DIVISION 2. BUSINESS TITLE 23A. OTHER BUSINESS ENTITIES 428. Uniform Limited Liability Company Act §428-411 Continuation of limited liability company after expiration of specified term.
§428-411 Continuation of limited liability company after expiration of specified term.
HI Rev Stat § 428-411 (2010 through Reg Sess) What's This?
[§428-411] Continuation of limited liability company after expiration of specified term. (a) If a limited liability company that has a specified term is continued after the expiration of the term, the rights and duties of the members and managers remain the same as they were at the expiration of the term, except to the extent inconsistent with rights and duties of members and managers of an at-will company.
(b) If the members in a member-managed limited liability company or the managers in a manager-managed company continue the business without winding up the business of the company, the company shall continue as an at-will company. [L 1996, c 92, pt of §1]