Hawaii Administrative Rules
Title 16 - DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS
Chapter 36 - PRACTICE AND PROCEDURE OF THE BUSINESS REGISTRATION DIVISION
Subchapter 3 - STATEMENTS OF POLICY
Section 16-36-16 - Investment clubs
Universal Citation: HI Admin Rules 16-36-16
Current through August, 2024
Any investment club whose purpose is to invest its assets solely in securities for the education and benefit of its members and whose business is only with registered securities dealers in Hawaii shall not be considered to be conducting business in the State, and compliance with the provisions of the general partnership law shall not be required.
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