§480-17 - Individual liability for corporate or company act.
§480-17 Individual liability for corporate
or company act. (a) Whenever a corporation violates any of the penal
provisions of this chapter, the violation shall be deemed to be also that of
the individual directors, officers, or agents of the corporation who have
authorized, ordered, or done any of the acts constituting in whole or in part
the violation.
(b) Whenever a limited liability company
violates any of the penal provisions of this chapter, the violation shall be
deemed to be also that of the individual members, managers, or agents of the
limited liability company who have authorized, ordered, or done any of the acts
constituting in whole or in part the violation. [L 1961, c 190, §15; Supp,
§205A-15; HRS §480-17; am L 1997, c 224, §1]
Case Notes
Does not limit liability of corporate officers, directors, or
agents to criminal liability. 6 H. App. 125, 712 P.2d 1148.