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Hawaii Revised Statutes

Haw. Rev. Stat. § 414-173 (2026)

]  Demand

✓ current as of July 2026
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     [§414-173]  Demand.  No shareholder may commence a derivative proceeding until:

     (1)  A written demand has been made upon the corporation to take suitable action; and

     (2)  Ninety days have expired from the date the demand was made unless the shareholder has earlier been notified that the demand has been rejected by the corporation or unless irreparable injury to the corporation would result by waiting for the expiration of the ninety-day period. [L 2000, c 244, pt of §1]

 

 

Notes of Decisions
Cited in 2 cases, 2001–2006 · leading case: Werbowsky v. Collomb, 766 A.2d 123 (Md. 2001).
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Werbowsky v. Collomb, 766 A.2d 123 (Md. 2001). “§ 14-2-742 ; Haw.Rev.Stat. § 414-173; Idaho Code § 30-1-742 ; Me.”
Ritter v. Dollens, 841 N.E.2d 571 (Ind. 2006). “§ 10-742 (1996); Haw. Rev. Stat. § 414-173 (2000); Idaho Code Ann.”
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