42 chapters · 753 sections in this title.
HRS §651C-1 Definitions
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[§651C-1] Definitions. As used in this chapter, unless the context otherwise requires: "Affiliate" means: (1) A person who directly or indirectly owns, controls, or holds with power to vote, twenty or more per cent of the outstanding voting securities of the debtor, other than a …
HRS §651C-10 Supplement of provisions
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[§651C-10] Supplement of provisions. Unless displaced by the provisions of this chapter, the principles of law and equity, including the law merchant and the law relating to principal and agent, estoppel, laches, fraud, misrepresentation, duress, coercion, mistake, insolvency, or…
HRS §651C-2 Insolvency
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[§651C-2] Insolvency. (a) A debtor is insolvent if the sum of the debtor's debts is greater than all of the debtor's assets, at a fair valuation. (b) A debtor who is generally not paying his or her debts as they become due is presumed to be insolvent. (c) A partnership is insolve…
HRS §651C-3 Value
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[§651C-3] Value. (a) Value is given for a transfer or an obligation if in exchange for the transfer or obligation property is transferred or an antecedent debt is secured or satisfied, but value does not include an unperformed promise made otherwise than in the ordinary course of…