Hawaii Revised Statutes
Title 22. Banks and Financial Institutions
412. Code of Financial Institutions

412:2-100 Commissioner of financial institutions; division of financial institutions. - §412:2-100 Commissioner of financial institutions; division of financial institutions. (a)...

412:2-100.5 Powers of the commissioner. - §412:2-100.5 Powers of the commissioner. In addition to any other...

412:2-101 Deputy commissioner, acting commissioner. - §412:2-101 Deputy commissioner, acting commissioner. The deputy commissioner shall have...

412:2-102 Examiners and other personnel. - §412:2-102 Examiners and other personnel. The commissioner may hire as...

412:2-103 Disqualifications. - §412:2-103 Disqualifications. No person shall be an examiner who is...

412:2-104 Confidentiality of information possessed by commissioner. - §412:2-104 Confidentiality of information possessed by commissioner. (a) The commissioner...

412:2-105 Fees. - §412:2-105 Fees. (a) The commissioner shall charge any financial institution...

412:2-105.1 REPEALED. - §412:2-105.1 REPEALED. L 2013, c 172, §28.

412:2-105.2 Hawaii financial institutions; assessments; fees; penalty. - §412:2-105.2 Hawaii financial institutions; assessments; fees; penalty. (a) Beginning January...

412:2-106 Public or private hearings. - §412:2-106 Public or private hearings. (a) All hearings before the...

412:2-107 Rules. - §412:2-107 Rules. The commissioner may adopt, amend or repeal rules...

412:2-108 Alternative mortgage loans rules. - §412:2-108 Alternative mortgage loans rules. The commissioner may by rule...

412:2-109 Compliance resolution fund; financial institution examiners. - §412:2-109 Compliance resolution fund; financial institution examiners. (a) Any law...

412:2-110 Emergency applications. - §412:2-110 Emergency applications. Notwithstanding any law to the contrary, an...

412:2-111 Commissioner's power to subpoena. - §412:2-111 Commissioner's power to subpoena. In the course of an...

412:2-200 Examinations. - §412:2-200 Examinations. (a) The commissioner shall examine each Hawaii financial...

412:2-201 Use of federal examinations. - §412:2-201 Use of federal examinations. The commissioner may accept, adopt,...

412:2-300 Enforcement actions. - §412:2-300 Enforcement actions. In enforcing the provisions of this chapter,...

412:2-301 Joint enforcement with federal regulatory agency. - §412:2-301 Joint enforcement with federal regulatory agency. The commissioner may...

412:2-302 Cease and desist orders; grounds for issuance. - §412:2-302 Cease and desist orders; grounds for issuance. (a) Whenever...

412:2-303 Permanent cease and desist orders; procedure; hearing; enforcement. - §412:2-303 Permanent cease and desist orders; procedure; hearing; enforcement. (a)...

412:2-304 Temporary cease and desist orders; effective date; hearing; enforcement. - §412:2-304 Temporary cease and desist orders; effective date; hearing; enforcement....

412:2-305 Consent cease and desist orders. - §412:2-305 Consent cease and desist orders. Any affected party may...

412:2-306 Removal or prohibition of institution-affiliated party; grounds. - §412:2-306 Removal or prohibition of institution-affiliated party; grounds. (a) The...

412:2-307 Removal or prohibition of institution-affiliated party; procedure; hearing; enforcement. - §412:2-307 Removal or prohibition of institution-affiliated party; procedure; hearing; enforcement....

412:2-308 Order of immediate suspension; procedure; effective date; hearing; enforcement. - §412:2-308 Order of immediate suspension; procedure; effective date; hearing; enforcement....

412:2-309 Consent order of removal or prohibition. - §412:2-309 Consent order of removal or prohibition. Any institution-affiliated party...

412:2-310 Removal, prohibition, or suspension; effect of order. - §412:2-310 Removal, prohibition, or suspension; effect of order. No institution-affiliated...

412:2-311 Suspension or revocation of charter or license. - §412:2-311 Suspension or revocation of charter or license. (a) The...

412:2-312 Suspension or revocation; procedure; hearing; enforcement. - §412:2-312 Suspension or revocation; procedure; hearing; enforcement. (a) The notice...

412:2-313 Consent suspension and revocation order. - §412:2-313 Consent suspension and revocation order. Any Hawaii financial institution...

412:2-314 Action to correct capital and surplus impairment. - §412:2-314 Action to correct capital and surplus impairment. (a) Whenever...

412:2-315 National or state emergencies. - §412:2-315 National or state emergencies. (a) The emergency powers granted...

412:2-400 Grounds for appointment of conservator or receiver. - Rules of Court Receivers, see HRCP rule 66. §412:2-400 Grounds...

412:2-401 Appointment of conservator or receiver; judicial review. - §412:2-401 Appointment of conservator or receiver; judicial review. (a) The...

412:2-402 Additional grounds for appointment. - §412:2-402 Additional grounds for appointment. The commissioner may also appoint...

412:2-403 Who may serve as conservator or receiver. - §412:2-403 Who may serve as conservator or receiver. The commissioner,...

412:2-404 Federal insurer as conservator or receiver; subrogation. - §412:2-404 Federal insurer as conservator or receiver; subrogation. (a) A...

412:2-405 Removal or replacement of conservator or receiver. - §412:2-405 Removal or replacement of conservator or receiver. The commissioner...

412:2-406 Compensation and expenses of conservator or receiver. - §412:2-406 Compensation and expenses of conservator or receiver. All expenses...

412:2-407 Stay of judicial proceedings. - §412:2-407 Stay of judicial proceedings. All non-criminal judicial proceedings to...

412:2-408 Duties and powers of conservator. - §412:2-408 Duties and powers of conservator. (a) A conservator of...

412:2-409 Conservator's segregation of deposits. - §412:2-409 Conservator's segregation of deposits. (a) In the commissioner's discretion,...

412:2-410 Supervised reorganization. - §412:2-410 Supervised reorganization. (a) The commissioner and, with the commissioner's...

412:2-411 Termination of conservatorship. - §412:2-411 Termination of conservatorship. The commissioner may terminate a conservatorship...

412:2-412 Duties and powers of receiver. - §412:2-412 Duties and powers of receiver. (a) A receiver of...

412:2-413 No interest on deposits of an institution in receivership. - §412:2-413 No interest on deposits of an institution in receivership....

412:2-414 Optional court supervision. - §412:2-414 Optional court supervision. Upon petition of [the] receiver or...

412:2-415 Notice of receivership; filing of claims. - §412:2-415 Notice of receivership; filing of claims. (a) Upon commencement...

412:2-416 Liquidation by receiver; priority of claims. - §412:2-416 Liquidation by receiver; priority of claims. (a) The receiver...

412:2-417 Final accounting and discharge. - §412:2-417 Final accounting and discharge. When all the assets of...

412:2-418 Transfer of assets in contemplation of insolvency void. - §412:2-418 Transfer of assets in contemplation of insolvency void. All...

412:2-419 Treatment of lessors. - §412:2-419 Treatment of lessors. (a) For a period of six...

412:2-420 Claims for wrongful termination of employment. - §412:2-420 Claims for wrongful termination of employment. Recovery on a...

412:2-421 Bailments and safe deposit boxes in receivership. - §412:2-421 Bailments and safe deposit boxes in receivership. (a) If...

412:2-500 Definitions. - §412:2-500 Definitions. As used in this part: "Failing financial institution"...

412:2-501 Commissioner's determination of failing institution. - §412:2-501 Commissioner's determination of failing institution. (a) Upon determining that...

412:2-502 Solicitation of purchasers. - §412:2-502 Solicitation of purchasers. If the court sustains the commissioner's...

412:2-503 Applications to purchase. - §412:2-503 Applications to purchase. (a) If the failing financial institution...

412:2-504 Granting of application; criteria for approval. - §412:2-504 Granting of application; criteria for approval. In evaluating the...

412:2-505 Waiver of statewide concentration limits under the Bank Holding Company Act of 1956, as amended. - §412:2-505 Waiver of statewide concentration limits under the Bank Holding...

412:2-506 Charter or license. - §412:2-506 Charter or license. In any acquisition pursuant to this...

412:2-507 Expedited approvals. - §412:2-507 Expedited approvals. If the commissioner finds that immediate action...

412:2-508 Provisional approval to organize. - §412:2-508 Provisional approval to organize. (a) The commissioner may issue...

412:2-509 Effect of merger or acquisition on prior business, title and obligations. - §412:2-509 Effect of merger or acquisition on prior business, title...

412:2-510 Commissioner's powers. - §412:2-510 Commissioner's powers. No provision under this part shall be...

412:2-511 Modification of time periods. - §412:2-511 Modification of time periods. Any time periods requiring action...

412:2-512 REPEALED. - §412:2-512 REPEALED. L 1999, c 245, §8.

412:2-600 Applicability of part. - §412:2-600 Applicability of part. (a) The provisions of this part...

412:2-601 Violation of chapter. - §412:2-601 Violation of chapter. Any institution-affiliated party or any other...

412:2-602 Copying records of Hawaii financial institutions. - §412:2-602 Copying records of Hawaii financial institutions. Any institution-affiliated party...

412:2-603 Disclosures of records of Hawaii financial institutions. - §412:2-603 Disclosures of records of Hawaii financial institutions. Any institution-affiliated...

412:2-604 Concealment. - §412:2-604 Concealment. Any institution-affiliated party who knowingly conceals or endeavors...

412:2-605 REPEALED. - §412:2-605 REPEALED. L 2001, c 170, §20.

412:2-606 Witness; failure to testify or produce records. - §412:2-606 Witness; failure to testify or produce records. Any person...

412:2-606.5 Financial institution name fraud. - §412:2-606.5 Financial institution name fraud. (a) No person shall use...

412:2-607 Deception; false statements. - §412:2-607 Deception; false statements. (a) An institution-affiliated party who does...

412:2-608 Misapplication of funds. - §412:2-608 Misapplication of funds. Any institution-affiliated party who wilfully abstracts...

412:2-609 Imposition of administrative fines; assessment. - §412:2-609 Imposition of administrative fines; assessment. (a) Any Hawaii financial...

412:2-609.5 Imposition of administrative fines on persons who are not Hawaii financial institutions; assessment. - §412:2-609.5 Imposition of administrative fines on persons who are not...

412:2-610 Compromise or modification of administrative fines; determining amount of fine; hearing. - §412:2-610 Compromise or modification of administrative fines; determining amount of...

412:2-611 Action to recover administrative fines; deposit to compliance resolution fund. - §412:2-611 Action to recover administrative fines; deposit to compliance resolution...

412:3-100 Applicability of this part. - §412:3-100 Applicability of this part. This part shall apply to...

412:3-101 Name of financial institution. - §412:3-101 Name of financial institution. (a) The name of every...

412:3-102 Change of name. - §412:3-102 Change of name. To change its name, a Hawaii...

412:3-103 REPEALED. - §412:3-103 REPEALED. L 2006, c 228, §45.

412:3-104 Qualifications of directors. - §412:3-104 Qualifications of directors. Except for nondepository financial services loan...

412:3-105 Election and appointment of executive officers. - §412:3-105 Election and appointment of executive officers. The directors of...

412:3-106 Residency of chief executive officer. - §412:3-106 Residency of chief executive officer. The chief executive officer...

412:3-107 Meetings of the board. - §412:3-107 Meetings of the board. Except for nondepository financial services...

412:3-108 Generally accepted accounting principles. - §412:3-108 Generally accepted accounting principles. Every Hawaii financial institution shall...

412:3-109 Charging down assets. - §412:3-109 Charging down assets. The commissioner may require any asset...

412:3-110 Holding of assets. - §412:3-110 Holding of assets. Every Hawaii financial institution shall take...

412:3-111 Maintenance of books and records. - §412:3-111 Maintenance of books and records. (a) Every Hawaii financial...

412:3-111.5 Request for information by the commissioner. - §412:3-111.5 Request for information by the commissioner. The commissioner, for...

412:3-112 Submissions to commissioner. - §412:3-112 Submissions to commissioner. (a) Every Hawaii financial institution, at...

412:3-113 REPEALED. - §412:3-113 REPEALED. L 2006, c 228, §46.

412:3-114 Duty to report illegal acts. - §412:3-114 Duty to report illegal acts. A Hawaii financial institution...

412:3-114.5 Mandatory reporting of suspected financial abuse of an elder. - §412:3-114.5 Mandatory reporting of suspected financial abuse of an elder....

412:3-115 REPEALED. - §412:3-115 REPEALED. L 2006, c 228, §47.

412:3-200 Applicability of part. - §412:3-200 Applicability of part. The provisions of this part shall...

412:3-201 Application for preliminary approval to organize a financial institution. - §412:3-201 Application for preliminary approval to organize a financial institution....

412:3-202 Additional requirements for holding company. - §412:3-202 Additional requirements for holding company. An applicant for the...

412:3-203 Deferral of application requirements. - §412:3-203 Deferral of application requirements. For good cause, the commissioner...

412:3-204 Publication of notice. - §412:3-204 Publication of notice. (a) Once the application to organize...

412:3-205 Informational and comment proceeding on application. - §412:3-205 Informational and comment proceeding on application. (a) An informational...

412:3-206 Grant of preliminary approval to organize a financial institution. - §412:3-206 Grant of preliminary approval to organize a financial institution....

412:3-207 Denial of preliminary approval to organize. - §412:3-207 Denial of preliminary approval to organize. If the commissioner...

412:3-208 REPEALED. - §412:3-208 REPEALED. L 2006, c 228, §48.

412:3-209 Paid-in capital and surplus. - §412:3-209 Paid-in capital and surplus. (a) Every financial institution existing...

412:3-210 REPEALED. - §412:3-210 REPEALED. L 2006, c 228, §49. Note L 2006,...

412:3-211 Time limit to complete organization. - §412:3-211 Time limit to complete organization. (a) A proposed Hawaii...

412:3-212 Final application for charter or license. - §412:3-212 Final application for charter or license. (a) After completing...

412:3-213 Denial of charter or license. - §412:3-213 Denial of charter or license. If the commissioner is...

412:3-300 Applicability of part. - §412:3-300 Applicability of part. The provisions of this part shall...

412:3-301 Application for license. - §412:3-301 Application for license. (a) Any corporation or any person...

412:3-302 Publication of notice. - §412:3-302 Publication of notice. (a) Once the application for a...

412:3-303 Informational and comment proceeding. - §412:3-303 Informational and comment proceeding. (a) An informational and comment...

412:3-304 Grant of approval. - §412:3-304 Grant of approval. (a) An application for a license...

412:3-305 Denial of license. - §412:3-305 Denial of license. If the commissioner is not satisfied...

412:3-306 Paid-in capital and surplus. - §412:3-306 Paid-in capital and surplus. (a) Every nondepository financial services...

412:3-400 Applicability of part. - §412:3-400 Applicability of part. This part shall govern the management...

412:3-401 Applicability of Hawaii Business Corporation Act. - §412:3-401 Applicability of Hawaii Business Corporation Act. (a) Except to...

412:3-402 Capital stock. - §412:3-402 Capital stock. The following provisions shall apply to all...

412:3-403 Dividends and other capital distributions. - §412:3-403 Dividends and other capital distributions. (a) No Hawaii stock...

412:3-500 Prohibition of business at unauthorized locations. - §412:3-500 Prohibition of business at unauthorized locations. Except as expressly...

412:3-501 Authorized places of business. - §412:3-501 Authorized places of business. (a) A Hawaii financial institution...

412:3-502 Foreign financial institution. - §412:3-502 Foreign financial institution. No foreign financial institution shall receive...

412:3-503 Opening or relocating principal office, branch, or agency. - §412:3-503 Opening or relocating principal office, branch, or agency. (a)...

412:3-504 Notice and deadline for opening or relocating principal office, branch, or agency. - §412:3-504 Notice and deadline for opening or relocating principal office,...

412:3-505 Opening or relocating out-of-state branch or agency. - §412:3-505 Opening or relocating out-of-state branch or agency. With the...

412:3-506 Opening or relocating a support facility - §412:3-506 Opening or relocating a support facility. A Hawaii financial...

412:3-507 Closing branch or agency; temporary closures and relocations. - §412:3-507 Closing branch or agency; temporary closures and relocations. (a)...

412:3-508 Closing a support facility. - §412:3-508 Closing a support facility. A Hawaii financial institution shall...

412:3-509 Out-of-state branch or agency. - §412:3-509 Out-of-state branch or agency. A Hawaii financial institution maintaining...

412:3-600 Applicability of this part. - §412:3-600 Applicability of this part. This part applies to: (1)...

412:3-601 No conversions, mergers, consolidations, acquisitions, assumptions, voluntary cessations of business, or voluntary dissolutions except pursuant to this part. - §412:3-601 No conversions, mergers, consolidations, acquisitions, assumptions, voluntary cessations of...

412:3-602 Definitions. - §412:3-602 Definitions. As used in this part: "Participating institution" means...

412:3-603 Procedure for applications pursuant to this part. - §412:3-603 Procedure for applications pursuant to this part. Whenever the...

412:3-604 Shareholder or member vote. - §412:3-604 Shareholder or member vote. (a) For any transaction covered...

412:3-605 Notice to credit union member. - §412:3-605 Notice to credit union member. Wherever the approval of...

412:3-606 Conversion from State to comparable federal financial institution. - §412:3-606 Conversion from State to comparable federal financial institution. (a)...

412:3-607 Conversion from federal to comparable Hawaii financial institution. - §412:3-607 Conversion from federal to comparable Hawaii financial institution. (a)...

412:3-608 Conversion to another type of financial institution. - §412:3-608 Conversion to another type of financial institution. (a) A...

412:3-609 Merger or consolidation of Hawaii financial institutions. - §412:3-609 Merger or consolidation of Hawaii financial institutions. (a) Any...

412:3-610 Effect of conversion, merger, or consolidation. - §412:3-610 Effect of conversion, merger, or consolidation. (a) A Hawaii...

412:3-611 Merger or consolidation of financial institution holding companies. - §412:3-611 Merger or consolidation of financial institution holding companies. (a)...

412:3-612 Acquisition of control of financial institution or financial institution holding company. - §412:3-612 Acquisition of control of financial institution or financial institution...

412:3-613 Sale or acquisition of assets and transfer or assumption of liabilities. - §412:3-613 Sale or acquisition of assets and transfer or assumption...

412:3-614 Sale or transfer of charter or license prohibited. - §412:3-614 Sale or transfer of charter or license prohibited. No...

412:3-615 Nonconforming assets or business. - §412:3-615 Nonconforming assets or business. If a Hawaii financial institution...

412:3-616 Authority for expedited conversion, merger, consolidation, acquisition, or assumption. - §412:3-616 Authority for expedited conversion, merger, consolidation, acquisition, or assumption....

412:3-617 Voluntary cessation of business; dissolution. - §412:3-617 Voluntary cessation of business; dissolution. (a) Except for a...

412:3-618 Injunctions. - §412:3-618 Injunctions. If it appears to the commissioner that any...

412:4-100 Law applicable. - §412:4-100 Law applicable. (a) Sections 412:4-101, 412:4-102, 412:4-104, and 412:4-113...

412:4-101 Forms of deposit. - §412:4-101 Forms of deposit. (a) Except as specifically prohibited by...

412:4-102 Deposit account statements. - §412:4-102 Deposit account statements. A Hawaii financial institution shall provide...

412:4-103 Statements presumed correct after one year; statute of limitations. - §412:4-103 Statements presumed correct after one year; statute of limitations....

412:4-104 Federal deposit insurance required. - §412:4-104 Federal deposit insurance required. No bank, savings bank, savings...

412:4-105 Accounts held in more than one name. - §412:4-105 Accounts held in more than one name. Any deposit...

412:4-106 Fiduciary accounts. - §412:4-106 Fiduciary accounts. A financial institution may open accounts and...

412:4-107 Accounts of minors. - §412:4-107 Accounts of minors. A financial institution may open an...

412:4-108 No notice of incapacity. - §412:4-108 No notice of incapacity. If a financial institution has...

412:4-109 Checks drawn or transfers or withdrawals made by authorized persons. - §412:4-109 Checks drawn or transfers or withdrawals made by authorized...

412:4-110 Checks drawn or transfers or withdrawals made by intoxicated persons. - §412:4-110 Checks drawn or transfers or withdrawals made by intoxicated...

412:4-111 Accounts of deceased nonresidents. - §412:4-111 Accounts of deceased nonresidents. A deposit held in a...

412:4-112 Pledging of assets. - §412:4-112 Pledging of assets. (a) No financial institution shall give...

412:4-113 Savings promotion or prize-linked savings contest. - §412:4-113 Savings promotion or prize-linked savings contest. (a) Any financial...

412:5-100 Definition. - §412:5-100 Definition. In this article the term "bank" means a...

412:5-101 Necessity for bank charter. - §412:5-101 Necessity for bank charter. Except as expressly permitted by...

412:5-200 General powers. - §412:5-200 General powers. (a) Except as expressly prohibited or limited...

412:5-201 Powers granted under federal law. - §412:5-201 Powers granted under federal law. (a) In this section...

412:5-202 Membership in federal banks. - §412:5-202 Membership in federal banks. Any bank may become a...

412:5-203 Operating subsidiaries. - §412:5-203 Operating subsidiaries. (a) "Operating subsidiary" means a corporation other...

412:5-204 Acceptances of drafts and bills of exchange. - §412:5-204 Acceptances of drafts and bills of exchange. (a) A...

412:5-205 Authority to engage in trust business. - §412:5-205 Authority to engage in trust business. (a) A bank...

412:5-205.5 Insurance and annuities powers. (a) With the prior written approval of the commissioner, and subject to the limitations set forth in this section and section 412:5-205.6 and to any conditions the commissioner may impose, any bank organize... - §412:5-205.5 Insurance and annuities powers. (a) With the prior written...

412:5-205.6 Requirements of banks engaging in insurance activities. (a) Pursuant to section 412:5-205.5 a bank may engage in insurance underwriting if the following requirements are met: (1) The insurance underwriting activities shall be conducted in... - §412:5-205.6 Requirements of banks engaging in insurance activities. (a) Pursuant...

412:5-205.7 Securities powers. (a) With the prior written approval of the commissioner, and subject to the limitations set forth in this section and to any conditions the commissioner may impose, any bank organized under the laws of the State, at the... - §412:5-205.7 Securities powers. (a) With the prior written approval of...

412:5-206 International banking facilities. - §412:5-206 International banking facilities. A bank may without prior approval...

412:5-300 Applicability of part. - §412:5-300 Applicability of part. This part sets forth the requirements...

412:5-301 General requirements for loans. - §412:5-301 General requirements for loans. A bank shall make loans...

412:5-302 Limitations on loans and extensions of credit to one borrower. - §412:5-302 Limitations on loans and extensions of credit to one...

412:5-303 Loans to executive officers, directors, principal shareholders and affiliates. - §412:5-303 Loans to executive officers, directors, principal shareholders and affiliates....

412:5-304 General requirement for investments. - §412:5-304 General requirement for investments. A bank shall make investments...

412:5-305 Permitted investments. - §412:5-305 Permitted investments. (a) To the extent specified herein, a...

412:5-306 Deposits made by banks. - §412:5-306 Deposits made by banks. A bank may deposit any...

412:6-300 Applicability of part. - §412:6-300 Applicability of part. This part sets forth the requirements...

412:6-301 General requirements for loans. - §412:6-301 General requirements for loans. A savings bank shall make...

412:6-302 Requirements and limits for certain loans. - §412:6-302 Requirements and limits for certain loans. (a) Not less...

412:6-303 Limitations on loans and extensions of credit to one borrower. - §412:6-303 Limitations on loans and extensions of credit to one...

412:6-304 Loans and extensions of credit to executive officers, directors, principal shareholders and affiliates - §412:6-304 Loans and extensions of credit to executive officers, directors,...

412:6-305 General requirement for investments. - §412:6-305 General requirement for investments. A savings bank shall make...

412:6-306 Permitted investments. - §412:6-306 Permitted investments. (a) To the extent specified herein, a...

412:6-307 Deposits made by savings banks. - §412:6-307 Deposits made by savings banks. A savings bank may...

412:7-300 Applicability of part. - §412:7-300 Applicability of part. This part sets forth the requirements...

412:7-301 General requirements for loans. - §412:7-301 General requirements for loans. A savings and loan association...

412:7-302 Requirements and limits for certain loans. - §412:7-302 Requirements and limits for certain loans. (a) Not less...

412:7-303 Limitations on loans and extensions of credit to one borrower. - §412:7-303 Limitations on loans and extensions of credit to one...

412:7-304 Loans and extensions of credit to executive officers, directors, principal shareholders and affiliates. - §412:7-304 Loans and extensions of credit to executive officers, directors,...

412:7-305 General requirement for investments. - §412:7-305 General requirement for investments. A savings and loan association...

412:7-306 Permitted investments. - §412:7-306 Permitted investments. (a) To the extent specified herein, a...

412:7-307 Deposits made by savings and loan associations. - §412:7-307 Deposits made by savings and loan associations. A savings...

412:5-400 Definitions. - §412:5-400 Definitions. In this chapter: "Intra-Pacific bank" is a depository...

412:5-401 Required approval. - §412:5-401 Required approval. No intra-Pacific bank or intra-Pacific bank holding...

412:5-402 Procedure to obtain approval. - §412:5-402 Procedure to obtain approval. (a) In order to obtain...

412:5-403 Examination and regulation. - §412:5-403 Examination and regulation. Every intra-Pacific bank shall be subject...

412:5-404 Termination of authority of intra-Pacific bank. - §412:5-404 Termination of authority of intra-Pacific bank. The authority of...

412:5-405 Termination of authority of intra-Pacific bank holding company. - §412:5-405 Termination of authority of intra-Pacific bank holding company. (a)...

412:5-406 Paid-in capital and surplus. - §412:5-406 Paid-in capital and surplus. Every intra-Pacific bank engaged in...

412:5-407 Same powers and duties as banks. - §412:5-407 Same powers and duties as banks. An intra-Pacific bank...

412:5A-100 Applicability of other provisions of this chapter. - Note Article heading amended by L 1996, c 155, §3....

412:5A-200 Scope and definitions. - Note Part heading amended by L 1996, c 155, §4....

412:5A-201 Application; fee; approval. - §412:5A-201 Application; fee; approval. (a) No bank may establish a...

412:5A-202 Majority ownership by bank. - §412:5A-202 Majority ownership by bank. A majority of the shares...

412:5A-203 Paid-in capital and surplus. - §412:5A-203 Paid-in capital and surplus. Every international banking corporation shall...

412:5A-204 Prohibition of business in United States. - §412:5A-204 Prohibition of business in United States. No international banking...

412:5A-205 Powers and duties. - §412:5A-205 Powers and duties. Every international banking corporation shall be...

412:5A-206 Acceptance of deposits and reserves. - §412:5A-206 Acceptance of deposits and reserves. An international banking corporation...

412:5A-207 Deposit of corporate funds. - §412:5A-207 Deposit of corporate funds. No international banking corporation shall...

412:5A-208 Limitation on investments. - §412:5A-208 Limitation on investments. An international banking corporation may not...

412:5A-209 Acquisition of stock in competing corporation. - §412:5A-209 Acquisition of stock in competing corporation. No international banking...

412:5A-210 Acquisition of stock to save a loss. - §412:5A-210 Acquisition of stock to save a loss. Nothing in...

412:5A-211 Prohibited corporate activities. - §412:5A-211 Prohibited corporate activities. No international banking corporation shall directly...

412:5A-212 Improper discounting of loans. - §412:5A-212 Improper discounting of loans. No officer, director, agent or...

412:5A-213 Improper fixing of commodity prices. - §412:5A-213 Improper fixing of commodity prices. Any director, officer, agent,...

412:5A-214 Misrepresentation of state liability for bonds. - §412:5A-214 Misrepresentation of state liability for bonds. Any person connected...

412:5A-300 to 316 REPEALED. - § §412:5A-300 to 316 REPEALED. L 1996, c 155, §6.

412:6-100 Definition. - §412:6-100 Definition. In this article, "savings bank" means a corporation...

412:6-101 Necessity for savings bank charter. - §412:6-101 Necessity for savings bank charter. Except as expressly permitted...

412:6-200 General powers. - §412:6-200 General powers. (a) Except as expressly prohibited or limited...

412:6-201 Powers granted under federal law. - §412:6-201 Powers granted under federal law. (a) In this section...

412:6-202 Membership in federal home loan bank. - §412:6-202 Membership in federal home loan bank. Any savings bank...

412:6-203 Service corporations. - §412:6-203 Service corporations. (a) "Service corporation" means a corporation whose...

412:6-204 Operating subsidiaries. - §412:6-204 Operating subsidiaries. (a) "Operating subsidiary" means a corporation other...

412:7-100 Definition. - §412:7-100 Definition. In this article, "savings and loan association" means...

412:7-101 Necessity for savings and loan association charter. - §412:7-101 Necessity for savings and loan association charter. Except as...

412:7-200 General powers. - §412:7-200 General powers. (a) Except as expressly prohibited or limited...

412:7-201 Powers granted under federal law. - §412:7-201 Powers granted under federal law. (a) In this section...

412:7-202 Membership in federal home loan bank. - §412:7-202 Membership in federal home loan bank. Any savings and...

412:7-203 Service corporations. - §412:7-203 Service corporations. (a) "Service corporation" means a corporation whose...

412:7-204 Operating subsidiaries. - §412:7-204 Operating subsidiaries. (a) "Operating subsidiary" means a corporation other...

412:7-400 to 408 REPEALED. - § §412:7-400 to 408 REPEALED. L 2006, c 228, §50.

412:8-100 Applicability of article. - §412:8-100 Applicability of article. This article shall apply to all...

412:8-101 Definitions. - §412:8-101 Definitions. In this article: "Client" means a customer of...

412:8-102 Necessity for trust company charter. - §412:8-102 Necessity for trust company charter. No person shall engage...

412:8-103 Authority to serve as trustee - §412:8-103 Authority to serve as trustee. Unless chartered as a...

412:8-200 General powers. - §412:8-200 General powers. (a) Except as expressly prohibited or limited...

412:8-201 Fiduciary powers. - §412:8-201 Fiduciary powers. Every trust company shall have the power...

412:8-202 Acting as agent. - §412:8-202 Acting as agent. (a) A trust company may act...

412:8-203 Use of nominees. - §412:8-203 Use of nominees. A trust company acting in a...

412:8-204 Agreement between trust companies and banks. - §412:8-204 Agreement between trust companies and banks. A trust company...

412:8-300 Applicability of part. - §412:8-300 Applicability of part. This part sets forth the requirements...

412:8-301 Permitted investments of capital and surplus. - §412:8-301 Permitted investments of capital and surplus. (a) To the...

412:8-302 Deposits made by trust companies. - §412:8-302 Deposits made by trust companies. A trust company may...

412:8-400 General requirements. - Cross References Uniform Fiduciaries Act, see chapter 556. §412:8-400 General...

412:8-401 Trust funds awaiting investment. - §412:8-401 Trust funds awaiting investment. (a) Except as may be...

412:8-402 Common trust fund investments. - §412:8-402 Common trust fund investments. (a) As used in this...

412:8-403 Disclosure of fees. - §412:8-403 Disclosure of fees. All fees and commissions charged by...

412:8-500 Powers and duties. - §412:8-500 Powers and duties. (a) Unless otherwise prohibited or restricted...

412:9-100 Definitions. - §412:9-100 Definitions. In this article: "Consumer loan" means a loan...

412:9-101 Necessity for financial services loan company license. - §412:9-101 Necessity for financial services loan company license. Except as...

412:9-102 REPEALED. - §412:9-102 REPEALED. [L 1993, c 350, pt of §1]

412:9-103 Display of license. - §412:9-103 Display of license. Every financial services loan company shall...

412:9-200 General powers. - §412:9-200 General powers. Except as expressly prohibited or limited by...

412:9-201 Powers that require regulatory approval. - §412:9-201 Powers that require regulatory approval. (a) A financial services...

412:9-202 Prohibitions. - §412:9-202 Prohibitions. Except as otherwise expressly authorized by this chapter,...

412:9-300 General requirements for loans and extensions of credit. - §412:9-300 General requirements for loans and extensions of credit. A...

412:9-301 Interest computation methods. - §412:9-301 Interest computation methods. A financial services loan company may...

412:9-302 Interest rates. - §412:9-302 Interest rates. (a) A financial services loan company shall...

412:9-303 Effect of excessive interest. - §412:9-303 Effect of excessive interest. If a greater rate of...

412:9-304 Consumer loan charges. - §412:9-304 Consumer loan charges. Unless specifically authorized in this article...

412:9-305 Open-end consumer loans. - §412:9-305 Open-end consumer loans. (a) Open-end consumer loans made under...

412:9-306 Refunds on prepayment of a precomputed loan. - §412:9-306 Refunds on prepayment of a precomputed loan. (a) A...

412:9-307 Fraction of a month. - §412:9-307 Fraction of a month. In computing interest, late charges,...

412:9-308 Repayment terms. - §412:9-308 Repayment terms. Nothing in this article shall prohibit loans...

412:9-309 Assignments, sale or pledge of loans. - §412:9-309 Assignments, sale or pledge of loans. Any loan made...

412:9-400 Special powers of a depository financial services loan company. - §412:9-400 Special powers of a depository financial services loan company....

412:9-401 Required reserve for a depository financial services loan company - §412:9-401 Required reserve for a depository financial services loan company....

412:9-402 Membership in federal home loan bank. - §412:9-402 Membership in federal home loan bank. Any depository financial...

412:9-403 Service corporations - §412:9-403 Service corporations. Subject to the approval of the commissioner,...

412:9-404 Limitations on loans and extensions of credit to one borrower - §412:9-404 Limitations on loans and extensions of credit to one...

412:9-405 Loans and extensions of credit fully secured by real property. - §412:9-405 Loans and extensions of credit fully secured by real...

412:9-406 REPEALED. - §412:9-406 REPEALED. L 1995, c 17, §2.

412:9-407 Limits on transactions with affiliates, executive officers, directors or principal shareholders. - §412:9-407 Limits on transactions with affiliates, executive officers, directors or...

412:9-408 General requirement for investments. - §412:9-408 General requirement for investments. (a) A depository financial services...

412:9-409 Permitted investments. - §412:9-409 Permitted investments. (a) To the extent specified in this...

412:9-410 Deposits made by depository financial services loan companies. - §412:9-410 Deposits made by depository financial services loan companies. A...

412:9-500 Prohibitions. - §412:9-500 Prohibitions. Except as otherwise expressly authorized by this chapter...

412:9-501 Registration of nondepository financial services loan companies with NMLS. - §412:9-501 Registration of nondepository financial services loan companies with NMLS....

412:10-100 Definitions. - §412:10-100 Definitions. The following definitions shall apply in construing this...

412:10-101 Necessity for credit union charter. - §412:10-101 Necessity for credit union charter. Except as expressly permitted...

412:10-102 Capital stock or surplus. - §412:10-102 Capital stock or surplus. A credit union shall have...

412:10-103 Application for charter. - §412:10-103 Application for charter. (a) Five or more residents of...

412:10-104 Articles and bylaws. - §412:10-104 Articles and bylaws. (a) The applicants shall file with...

412:10-105 Disclosure of information. - §412:10-105 Disclosure of information. The identity of each original chartering...

412:10-106 Deposit and share insurance. - §412:10-106 Deposit and share insurance. (a) The organizers of the...

412:10-107 Grant of approval. - §412:10-107 Grant of approval. (a) Approval of the application for...

412:10-108 Denial of charter. - §412:10-108 Denial of charter. If the commissioner is not satisfied...

412:10-109 Membership. - §412:10-109 Membership. (a) The membership of a credit union shall...

412:10-110 Membership meetings. - §412:10-110 Membership meetings. (a) A credit union shall hold annual...

412:10-111 Voting. - §412:10-111 Voting. (a) Persons eligible to vote at a credit...

412:10-112 Board of directors. - §412:10-112 Board of directors. (a) The governing body of a...

412:10-113 No compensation of directors or committee members. - §412:10-113 No compensation of directors or committee members. No member...

412:10-114 Credit committee. - §412:10-114 Credit committee. (a) If the bylaws provide for a...

412:10-115 Credit manager. - §412:10-115 Credit manager. If the bylaws provide, the board of...

412:10-116 Loan officers. - §412:10-116 Loan officers. (a) The board of directors, and if...

412:10-117 Supervisory committee. - §412:10-117 Supervisory committee. (a) Within thirty days following each annual...

412:10-118 Record of officials. - §412:10-118 Record of officials. Within thirty days after election or...

412:10-119 Conflicts of interest. - §412:10-119 Conflicts of interest. No director, committee member, officer, agent...

412:10-120 Suspension or removal of officials. - §412:10-120 Suspension or removal of officials. (a) The supervisory committee...

412:10-121 Central credit unions. - §412:10-121 Central credit unions. (a) Central credit unions may be...

412:10-122 Taxation. - §412:10-122 Taxation. (a) All credit unions, now or hereafter chartered...

412:10-123 Fiscal year. - §412:10-123 Fiscal year. The fiscal year of every credit union...

412:10-124 Conducting business outside this State. - §412:10-124 Conducting business outside this State. A credit union organized...

412:10-125 REPEALED. - §412:10-125 REPEALED. L 2016, c 149, §16.

412:10-200 General powers. - §412:10-200 General powers. (a) Except as expressly prohibited or limited...

412:10-201 Powers granted under federal law. - §412:10-201 Powers granted under federal law. (a) In this section...

412:10-202 Credit union service organizations. - §412:10-202 Credit union service organizations. A credit union may invest...

412:10-203 Sale or purchase of obligations or notes. - §412:10-203 Sale or purchase of obligations or notes. A credit...

412:10-204 Sale or purchase of assets. - §412:10-204 Sale or purchase of assets. A credit union may...

412:10-300 Applicability of other provisions of this chapter. - §412:10-300 Applicability of other provisions of this chapter. Except to...

412:10-301 Share accounts and membership shares. - §412:10-301 Share accounts and membership shares. (a) Share accounts and...

412:10-302 Dividends. - §412:10-302 Dividends. (a) At such intervals as the board of...

412:10-303 Deposit accounts. - §412:10-303 Deposit accounts. (a) A credit union may accept deposit...

412:10-304 Withdrawals. - §412:10-304 Withdrawals. (a) Funds in share and deposit accounts may...

412:10-305 Minor accounts. - §412:10-305 Minor accounts. Payments on share and deposit accounts may...

412:10-306 Joint accounts. - §412:10-306 Joint accounts. A member may designate any person or...

412:10-307 Trust accounts. - §412:10-307 Trust accounts. (a) Share and deposit accounts may be...

412:10-308 Payable-on-death accounts. - §412:10-308 Payable-on-death accounts. Notwithstanding any other provision of law, a...

412:10-309 Liens. - §412:10-309 Liens. The credit union shall have a lien on...

412:10-310 Dormant accounts. - §412:10-310 Dormant accounts. (a) If there has been no activity...

412:10-400 Applicability of part. - §412:10-400 Applicability of part. This part sets forth the requirements...

412:10-401 General requirements for loans. - §412:10-401 General requirements for loans. A credit union shall make...

412:10-402 Loans to members. - §412:10-402 Loans to members. A credit union may make unsecured...

412:10-403 Interest rates. - §412:10-403 Interest rates. (a) The interest rates on loans shall...

412:10-404 Other charges. - §412:10-404 Other charges. (a) In addition to interest charged on...

412:10-405 Applications. - §412:10-405 Applications. Except as provided in section 412:10-410, every application...

412:10-406 Prepayment of loan. - §412:10-406 Prepayment of loan. A member may repay a loan,...

412:10-407 Limitations on obligations of one borrower. - §412:10-407 Limitations on obligations of one borrower. (a) No credit...

412:10-408 Loans to officials. - §412:10-408 Loans to officials. Loans may be made to officers,...

412:10-409 Real estate mortgage loans. - §412:10-409 Real estate mortgage loans. (a) The amount of any...

412:10-410 Lines of credit. - §412:10-410 Lines of credit. A credit union may offer its...

412:10-411 Loans to other credit unions. - §412:10-411 Loans to other credit unions. A credit union may...

412:10-412 Participation loans. - §412:10-412 Participation loans. Participation loans to credit union members jointly...

412:10-413 Other loan programs. - §412:10-413 Other loan programs. (a) A credit union may loan...

412:10-500 Applicability of part. - §412:10-500 Applicability of part. This part sets forth the requirements...

412:10-501 General requirement for investments. - §412:10-501 General requirement for investments. (a) A credit union shall...

412:10-502 Permitted investments. - §412:10-502 Permitted investments. (a) To the extent specified herein, a...

412:10-503 Deposits made by credit unions. - §412:10-503 Deposits made by credit unions. A credit union may...

412:10-600 Regular reserve. - §412:10-600 Regular reserve. (a) At the end of each accounting...

412:10-601 Special reserves. - §412:10-601 Special reserves. The board of directors may establish, or...

412:10-602 Risk assets. - §412:10-602 Risk assets. The commissioner shall define by rule what...

412:10-700 Insurance for members. - §412:10-700 Insurance for members. A credit union may purchase or...

412:10-701 Liability insurance for officers - §412:10-701 Liability insurance for officers. A credit union may purchase...

412:10-702 Group purchasing - §412:10-702 Group purchasing. A credit union may enter into marketing...

412:10-703 Money-type instruments - §412:10-703 Money-type instruments. A credit union may collect, receive and...

412:10-704 Retirement accounts - §412:10-704 Retirement accounts. A credit union may act as trustee...

412:10-800 Application of part. - §412:10-800 Application of part. Provisions of this part shall govern...

412:10-801 Purposes. - §412:10-801 Purposes. The purposes of the corporate credit union are...

412:10-802 Membership. - §412:10-802 Membership. Membership in the corporate credit union shall consist...

412:10-803 Organization. - §412:10-803 Organization. The application, approval and formation process for the...

412:10-804 Management and operation of corporate credit union. - §412:10-804 Management and operation of corporate credit union. The corporate...

412:10-805 Powers. - §412:10-805 Powers. The corporate credit union shall have all the...

412:10-806 Participation in central system. - §412:10-806 Participation in central system. The corporate credit union may...

412:10-807 Collection on loans to members. - §412:10-807 Collection on loans to members. (a) For any amounts...

412:10-808 Meetings. - §412:10-808 Meetings. The board of directors of the corporate credit...

412:11-100 Applicability of article. - §412:11-100 Applicability of article. The provisions of this article shall...

412:11-101 Registration and reporting of financial institution holding companies. - §412:11-101 Registration and reporting of financial institution holding companies. (a)...

412:11-102 Examination of financial institution holding company. - §412:11-102 Examination of financial institution holding company. The commissioner may...

412:11-103 Use of state or federal examinations. - §412:11-103 Use of state or federal examinations. The commissioner may...

412:11-104 Service of process. - §412:11-104 Service of process. Every financial institution holding company shall...

412:11-105 Sanctions for failure to register or submit reports. - §412:11-105 Sanctions for failure to register or submit reports. Any...

412:11-106 Injunctions. - §412:11-106 Injunctions. If it appears to the commissioner that any...

412:12-100 Purpose. - §412:12-100 Purpose. It is the express intent of this article...

412:12-101 Definitions. - §412:12-101 Definitions. As used in this article, unless a different...

412:12-102 Authority of Hawaii state banks to establish interstate branches by merger. - §412:12-102 Authority of Hawaii state banks to establish interstate branches...

412:12-103 Authority of Hawaii state banks to establish a de novo interstate branch or acquire an interstate branch. - §412:12-103 Authority of Hawaii state banks to establish a de...

412:12-104 Authority of out-of-state banks to establish interstate branches in Hawaii by merger. - §412:12-104 Authority of out-of-state banks to establish interstate branches in...

412:12-105 Authority of out-of-state banks to establish a de novo interstate branch or acquire an interstate branch. - §412:12-105 Authority of out-of-state banks to establish a de novo...

412:12-106 No concentration limit under Hawaii state law; waiver of federal concentration limits. - §412:12-106 No concentration limit under Hawaii state law; waiver of...

412:12-107 Powers; additional branches. - §412:12-107 Powers; additional branches. (a) An out-of-state state bank which...

412:12-108 Examinations; periodic reports; cooperative agreements; assessment of fees. - §412:12-108 Examinations; periodic reports; cooperative agreements; assessment of fees. (a)...

412:12-109 Enforcement. - §412:12-109 Enforcement. If the commissioner determines that a branch maintained...

412:12-110 Notice of subsequent merger, etc. - §412:12-110 Notice of subsequent merger, etc. Each out-of-state state bank...

412:13-100 Title and purpose. - §412:13-100 Title and purpose. (a) This article shall be known...

412:13-101 Application to existing foreign banks. - §412:13-101 Application to existing foreign banks. (a) The licenses of...

412:13-102 Definitions. - §412:13-102 Definitions. As used in this article: "Affiliate" has the...

412:13-200 Purpose. - §412:13-200 Purpose. Consistent with the federal International Banking Act, the...

412:13-201 Branches and agencies of foreign banks; necessity of licensure. - §412:13-201 Branches and agencies of foreign banks; necessity of licensure....

412:13-202 Application to establish and maintain a branch or agency; contents. - §412:13-202 Application to establish and maintain a branch or agency;...

412:13-203 Application to establish and maintain a branch or agency; manner of filing and determination. - §412:13-203 Application to establish and maintain a branch or agency;...

412:13-204 Denial of license. - §412:13-204 Denial of license. If the commissioner is not satisfied...

412:13-205 Amended license to establish and maintain a branch or agency. - §412:13-205 Amended license to establish and maintain a branch or...

412:13-206 Application fees. - §412:13-206 Application fees. Upon applying to the commissioner under this...

412:13-207 No concurrent maintenance of federal branches or agencies. - §412:13-207 No concurrent maintenance of federal branches or agencies. (a)...

412:13-208 Powers of branch and agency. - §412:13-208 Powers of branch and agency. (a) Except as otherwise...

412:13-209 Filing of amendments to articles of incorporation. - §412:13-209 Filing of amendments to articles of incorporation. A foreign...

412:13-210 Separate assets. - §412:13-210 Separate assets. (a) Each foreign bank that is licensed...

412:13-211 Disclosure of lack of deposit insurance. - §412:13-211 Disclosure of lack of deposit insurance. Each foreign bank...

412:13-212 Limitations on payment of interest on deposits. - §412:13-212 Limitations on payment of interest on deposits. A foreign...

412:13-213 Pledge of assets. - §412:13-213 Pledge of assets. (a) Each foreign bank that is...

412:13-214 Asset maintenance. - §412:13-214 Asset maintenance. (a) Each foreign bank that is licensed...

412:13-215 Representative office of foreign banks; necessity of licensure. - §412:13-215 Representative office of foreign banks; necessity of licensure. (a)...

412:13-216 Representative office; application. - §412:13-216 Representative office; application. (a) The application for a license...

412:13-217 Representative office; factors for approval of application. - §412:13-217 Representative office; factors for approval of application. (a) The...

412:13-218 Representative office; permissible activities. - §412:13-218 Representative office; permissible activities. (a) A foreign bank which...

412:13-219 Posting of license. - §412:13-219 Posting of license. Each foreign bank that is licensed...

412:13-220 Licenses not transferable. - §412:13-220 Licenses not transferable. No license issued by the commissioner...

412:13-221 Change of control of foreign bank. - §412:13-221 Change of control of foreign bank. A foreign bank...

412:13-222 Relocation of office; written application necessary. - §412:13-222 Relocation of office; written application necessary. (a) No foreign...

412:13-223 Examination; payment of fees. - §412:13-223 Examination; payment of fees. (a) A Hawaii state branch,...

412:13-224 Supervision and enforcement. - §412:13-224 Supervision and enforcement. (a) The commissioner shall have all...

412:13-225 Reports. - §412:13-225 Reports. (a) Each foreign bank that is licensed to...

412:13-226 Books, accounts, and records. - §412:13-226 Books, accounts, and records. Each foreign bank that is...

412:13-227 Voluntary closure of branch, agency, or representative office; application. - §412:13-227 Voluntary closure of branch, agency, or representative office; application....

412:13-228 Suspension or revocation of license; grounds; procedures. - §412:13-228 Suspension or revocation of license; grounds; procedures. (a) The...

412:13-229 Immediate suspension or revocation. - §412:13-229 Immediate suspension or revocation. (a) If the commissioner finds...

412:13-230 Seizure of foreign bank's property and business; liquidation. - §412:13-230 Seizure of foreign bank's property and business; liquidation. (a)...

412:13-300 Purposes. - §412:13-300 Purposes. This part is generally intended to ensure that...

412:13-301 Establishment of interstate branches in this State by out-of-state foreign banks. - §412:13-301 Establishment of interstate branches in this State by out-of-state...

412:14-100 Automated teller machine fees. - Revision Note Article heading added by revisor pursuant to §23G-15....

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Hawaii Revised Statutes Title 22. Banks and Financial Institutions 412. Code of Financial Institutions

Hawaii Revised Statutes
Title 22. Banks and Financial Institutions
412. Code of Financial Institutions