Description: This Act governs the formation, operation, and governance of business corporations in Hawaii. It also covers issues of investor rights and corporate governance.

Scope: The Act outlines the procedures for forming a corporation in Hawaii, shareholder rights, and the duties of corporate directors and officers. It ensures that corporate governance aligns with investor protection and transparency standards.

Description: The Hawaii Uniform Securities Act is aimed at providing investor protection and regulating securities transactions. It ensures that the securities market in Hawaii operates transparently and ethically.

Scope: The law sets forth the requirements for the registration of securities, defines exemptions, and establishes penalties for violations. It also outlines the responsibilities of those involved in securities transactions, including brokers and advisers.

Description: Hawaii allows businesses to engage in securities-based crowdfunding under certain conditions to help promote local entrepreneurial ventures.

Scope: Hawaii's crowdfunding exemption allows businesses to raise capital through online crowdfunding platforms without the need for full securities registration. However, the exemption has specific limits on the amount that can be raised and requires businesses to meet certain disclosure requirements.

Description: Similar to other states' Blue Sky laws, Hawaii’s Blue Sky Law is designed to prevent fraudulent activities in the sale of securities by requiring registration and disclosure.

Scope: The law regulates the sale of securities to ensure that investors receive full and truthful information. It mandates the registration of certain securities and establishes rules to protect the public from fraudulent investment schemes.

Description: The Hawaii Securities Act governs the issuance, sale, and distribution of securities in the state to protect investors and ensure fairness in the financial markets.

Scope: This law requires the registration of securities offerings, licensing of brokers, dealers, and investment advisers, and the establishment of anti-fraud provisions to prevent deceptive practices. It helps maintain transparency in securities transactions and establishes penalties for violations.