Definitions

HRS §425E-1101 — under Chapter 425E.

HRS §425E-1101

ARTICLE 11. CONVERSION AND MERGER

§425E-1101 Definitions. As used in this article:

"Association" means an association organized under chapter 421 or 421C.

"Constituent limited partnership" means a constituent organization that is a limited partnership.

"Constituent organization" means an organization that is a party to a merger.

"General partner" means a general partner of a limited partnership.

"Governing statute" of an organization means the statute that governs the organization's internal affairs.

"Organizing articles" means:

"Other business entity" means a corporation, limited liability company, general partnership, limited liability partnership, or association.

"Personal liability" means personal liability for a debt, liability, or other obligation of an organization which is imposed on a person that co-owns, has an interest in, or is a member of the organization: