Assets of a dissolved corporation that should be transferred to a creditor, claimant, or member of the corporation who cannot be found or who is not competent to receive them, shall be reduced to cash subject to known trust restrictions and deposited with the director of finance for disposition in accordance with chapter 523A.
Haw. Rev. Stat. § 414D-256
Deposit with director of finance
Known as the Hawaii Nonprofit Corporations Act
The act spans §§ 414–414 (182 sections).
L 2001, c 105, pt of §1
Official source: Hawaii State Legislature. Reproduced from public-domain Hawaii statutes; confirm against the official source for the current text. Not legal advice.