Haw. Rev. Stat. § 490:2A-205

Current through Act 47 of the 2024 Legislative Session
Section 490:2A-205 - Firm offers

An offer by a merchant to lease goods to or from another person in a signed record that by its terms gives assurance it will be held open is not revocable, for lack of consideration, during the time stated or, if no time is stated, for a reasonable time, but in no event may the period of irrevocability exceed three months. Any such term of assurance on a form supplied by the offeree must be separately signed by the offeror.

HRS § 490:2A-205

Amended by L 2023, c 132,§ 64, eff. 6/29/2023.
L 1991, c 40, pt of §1