Haw. Code R. § 16-14-7 - Disclaimers and termination of registration
(a) A disclaimer of
affiliation or a request for termination of registration may be made when a
person does not, or will not upon the taking of some proposed action, control
another person (hereinafter referred to as "the subject"). The disclaimer shall
contain the following information:
(1) The
number of authorized, issued, and outstanding voting securities of the
subject;
(2) The number and
percentage of shares of the subject's voting securities which the person whose
control is disclaimed, and all affiliates of that person, hold of record, own
beneficially, or have a right to acquire, directly or indirectly;
(3) All material relationships and bases for
affiliation between the subject and the person whose control is disclaimed and
all affiliates of that person; and
(4) A statement explaining why the person
whose control is disclaimed does not control the subject.
(b) A request for termination of registration
shall be deemed granted unless the commissioner notifies the registrant
otherwise within thirty days after receipt of the request.
Notes
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