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§ 421c-27 — Hawaii Law | CourtGPT
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  4. Title 23 - Corporations and Partnerships414. Hawaii Business Corporation Act414-1 Short Title/
  5. Chapter 421c/
  6. § 421c-27
Hawaii Legal Code

§ 421c-27

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§421C-27 Bonding. Any individual acting as manager of an association and handling funds or securities amounting to $5,000 or more, in any one year, shall be covered by an adequate bond as determined by the directors and at the expense of the association. The bylaws may also provide for the bonding of other employees or officers. [L 1982, c 97, pt of §2]