SB 2471: BUSINESS ENTITIES; STATE-CHARTERED CREDIT UNIONS; CORPORATIONS; NONPROFIT CORPORATIONS; PROFESSIONAL CORPORATIONS; AGRICULTURAL COOPERATIVE ASSOCIATIONS; CONSUMER COOPERATIVE ASSOCIATIONS; LIMITED-EQUITY HOUSING COOPERATIVES; LIMITED LIABILITY PARTNERSHIPS; LIMITED PARTNERSHIPS; LIMITED LIABILITY COMPANIES; NONPROFIT ASSOCIATIONS; ELECTION ACTIVITIES; BALLOT-ISSUE ACTIVITIES; LIMITATIONS

Reaffirms that artificial persons created under state law possess only those powers that are necessary or convenient to carry out lawful purposes, and that those powers do not include the power to spend money or contribute anything of value to influence elections or ballot measures.  Revokes all prior grants of entity powers and regrants only those powers that the State determines to be necessary or convenient to conduct lawful business under the Hawaii State Constitution and laws of this State.  Effective 7/1/3000.  (HD2)