§425E-906 - Cancellation of certificate of authority. - Hawaii Statutes

     §425E-906  Cancellation of certificate of authority.  (a)  [Subsection effective until June 30, 2010.  For subsection effective July 1, 2010, see below.]  The director may cancel the certificate of authority of a limited partnership administratively if:

     (1)  The partnership fails to:

         (A)  Pay any fees prescribed by law;

         (B)  File its annual statement for a period of two years;

         (C)  Appoint and maintain an agent for service of process as required; or

         (D)  File a statement of a change in the name or business address of the agent as required; or

     (2)  A misrepresentation has been made of any material matter in any application, report, affidavit, or other record or document submitted by the partnership.

     (a)  [Subsection effective July 1, 2010.  For subsection effective until June 30, 2010, see above.]  The director may cancel the certificate of authority of a limited partnership administratively if:

     (1)  The partnership fails to:

         (A)  Pay any fees prescribed by law;

         (B)  File its annual statement for a period of two years;

         (C)  Appoint and maintain an agent for service of process as required by chapter 425R; or

         (D)  File a statement of a change in the name or business address of the agent as required by section 425R-7; or

     (2)  A misrepresentation has been made of any material matter in any application, report, affidavit, or other record or document submitted by the partnership.

     (b)  Cancellation of a certificate of authority shall not relieve the general partners of liability for the penalties for failure to file any statement or certificate required by this chapter. [L 2003, c 210, pt of §1; am L 2009, c 55, §50]