Hawaii Revised Statutes 417e. Corporate Take-Overs

  • 417e-1 Definitions.
    As used in this chapter, unless the context otherwise requires: "Affiliate" of a person means any person controlling, controlled by, or under common control...
  • 417e-2 Registration of Take-Over Offers.
    (a) It is unlawful for any person to make a take-over offer or to acquire any equity securities pursuant to the offer, unless the...
  • 417e-3 Filing of Solicitation Materials.
    Copies of all advertisements, circulars, letters, or other materials published by the offeror or the target company, soliciting or requesting the acceptance or rejection...
  • 417e-4 Fraudulent and Deceptive Practices.
    It is unlawful for any offeror or target company or any controlling person of an offeror or target company or any broker-dealer acting on...
  • 417e-5 Limitations on Offerors.
    (a) No offeror may make a take-over offer which is not made to stockholders in this State on substantially the same terms as the...
  • 417e-6 Administration, Rules and Orders.
    (a) [Effective July 1, 2008, "chapter 485" changed to "chapter 485A". L 2006, c 229, §11.] In administering this chapter, the commissioner may exercise...
  • 417e-7 Fees and Expenses.
    The commissioner shall impose a filing fee of $250 for a registration statement filed by an offeror. [L 1985, c 32, pt of §2]
  • 417e-8 Injunctions.
    Whenever it appears to the commissioner that any person, including a controlling person of an offeror or target company, has engaged or is about...
  • 417e-9 Penalties.
    (a) Any person, including a controlling person of an offeror or target company, who violates any provision of this chapter or any rule thereunder,...
  • 417e-10 Civil Liabilities.
    (a) Any offeror who purchases a security in connection with a take-over offer in violation of this chapter shall be liable to the person...
  • 417e-11 Application of Securities Law.
    All of the provisions of chapter 485A that are not in conflict with this chapter shall apply to any take-over offer involving a target...

Law Journals and Reviews

Hawaii's 1985 Corporate Take-over Legislation: Is it Constitutional? 8 UH L. Rev. 391.

Last modified: October 27, 2016