Authority to indemnify
- Statute:
- Hawaii §414D-160 · Chapter NP (Hawaii Nonprofit Corporations Act (HRS Chapter 414D))
- Topic:
- Governance · Indemnification
- Applies to:
- Nonprofit associations
The corporation may indemnify a director who acted in good faith and in (or not opposed to) the corporation's interest, except where the director was found liable to the corporation or for an improper personal benefit.
📄 Read the official text at capitol.hawaii.gov →
How SoShiny helps with Authority to indemnify
SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees.
See the feature → Start freeFrequently asked
- What does Hawaii §414D-160 require?
- The corporation may indemnify a director who acted in good faith and in (or not opposed to) the corporation's interest, except where the director was found liable to the corporation or for an improper personal benefit.
- Who does Hawaii §414D-160 apply to?
- Hawaii §414D-160 applies to Nonprofit associations in Hawaii.
- What happens if our nonprofit corporation doesn't comply with §414D-160?
- Non-compliance can expose the association and individual directors to disputes in the governing forum for Hawaii community associations. SoShiny's audit trail and documented workflows are designed to demonstrate good-faith compliance.
- Where can I read the official text of Hawaii §414D-160?
- The official text is published by the Hawaii State Legislature at capitol.hawaii.gov. The summary on this page is for plain-English reference only and is not legal advice.
- How does SoShiny help with Authority to indemnify?
- SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees. Learn more →
Not legal advice. This page is a plain-English summary of Hawaii §414D-160 prepared by SoShiny for board members and managers. For binding legal advice or interpretation, consult a Hawaii-licensed attorney. For the official statutory text, see the link above.
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