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by Avicebron 4 days ago
"the day the law goes into effect, it strips each Hawaii entity of the powers it held the day before. The new law asserts that “[t]he creation and continued existence of a corporation is not a right but a conditional grant of legal status by the State and remains subject to complete withdrawal at any time. All powers previously granted to corporations under the laws of this State are revoked in their entirety."(TFA)

The meaning is pretty clear, don't try to influence politics in favor of the corporation or you will go away. Simple as.

1 comments

Yeah, that’s clearly unconstitutional. The government can’t grant or withhold rights and privileges to, say, a newspaper publishing corporation, based on whether the newspaper content is what the government wants it to be.