Hawaii HB2130 redefines the powers of artificial persons, excluding election and ballot-issue activities.

Hawaii HB2130 amends the Hawaii Revised Statutes to redefine the powers of artificial persons, such as corporations, limited liability companies, and associations, excluding election and ballot-issue activities. The bill specifies that these entities can only engage in lawful business and charitable activities unless explicitly stated otherwise in their governing documents. Any attempt by these entities to engage in election or ballot-issue activities will result in the forfeiture of their charter privileges, including limited liability and perpetual duration.

Hawaii HB2130 redefines the powers of artificial persons, excluding election and ballot-issue activities.

Hawaii HB2130 amends the Hawaii Revised Statutes to redefine the powers of artificial persons, such as corporations, limited liability companies, and associations, excluding election and ballot-issue activities. The bill specifies that these entities can only engage in lawful business and charitable activities unless explicitly stated otherwise in their governing documents. Any attempt by these entities to engage in election or ballot-issue activities will result in the forfeiture of their charter privileges, including limited liability and perpetual duration.