Constituent Corporations
The corporations involved in a statutory merger.
Corporation
A legal entity created by law, having a continuous existence independent
of those persons who compose it or act for it in exercising its function,
and with powers and liabilities distinct from them.
Domestic Corporation
A corporation organized under the Hawaii Revised
Statutes. Includes for-profit corporations created under Chapter 414,
non-profit corporations created under Chapter 414D, and professional
corporations created under Chapter 415A.
Foreign Corporation
A corporation registered to do business in Hawaii but
organized under laws other than the laws of Hawaii. Includes
for-profit corporations registered under Chapter 414 and non-profit
corporations registered under Chapter 414D.
Professional Corporation
A domestic for- profit corporation that may be organized for the
purpose of rendering professional services within two or more professions by
persons licensed under the Hawaii Revised Statutues (Chapters 442, 448, 453,
455, 457, 459, 460, 461, 463E, 465, 466, 471, 554-2 and 605), and for any
purpose or purposes for which corporations may be organized under Chapter
414, to the extent that any combination of professional purposes or of
professional and business purposes is permitted by the licensing laws and
rules of this State applicable to the professions.
Domestic Nonprofit Corporation
A corporation created under Chapter 414D and as such, any income or
profit realize by the corporation shall no be distributable to its
members, directors, or officers.
Foreign Nonprofit Corporation
A nonprofit corporation registered to do business in Hawaii but organized
under laws other than the laws of Hawaii.
Domestic Limited Liability Company
A limited liability company is a legal entity distinct from its
members, consisting of one or more members organized under HRS Chapter 428
(Uniform Limited Liability Company Act).
Foreign
Limited Liability Company
A legal entity organized under laws other than the laws of this State
which afford limited liability to its owners comparable to the liability
under HRS Chapter 428 (Uniform Limited Liability Company Act), Section
428-303.
Domestic Limited Liability Partnership
A partnership formed in accordance with the laws of Hawaii. Subject to the
partnership meeting specified provisions of HRS Chapter 425, Partner's
liability is limited.
Foreign Limited Liability Partnership
A partnership formed in accordance with the laws of any other jurisdiction
as a limited liability partnership under the laws of that jurisdiction.
Subject to the partnership meeting specified provisions of HRS, Chapter 425
offers limitation on partner's liability.
Limited Partner
A partner whose participation in the profits is limited by the agreement and
who is not liable for the debts of the partnership beyond his capital
contribution.
Limited Partnership
A partnership compromised of one or more general partners who manage
business and who are personally liable for partnership debts, and one or
more limited partners who contribute capital and share in profits but who
take no part in running business and incur no liability with respect to
partnership obligations beyond contribution.
Domestic Limited Partnership
A partnership formed by two or more persons under the laws of Hawaii and
having one or more general partners and one or more limited partners.
Foreign Limited Partnership
A partnership formed under laws other than the laws of Hawaii and having as
partners one or more general partners and one or more limited partners.
Partnership
A partnership is an association (including a joint venture) of two or
more persons to carry on as co-owners a business for profit.
Domestic General Partnership
A partnership formed under the laws of Hawaii consisting of two or more
persons who associated to carry on business as co-owners for profit and who
are personally liable for all debts of the partnership.
Foreign General Partnership
A general partnership formed under the laws of any other
jurisdiction.
To access registration forms and associated information including fee schedule, click here.
