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Hawaii · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Haw. Rev. Stat. § 412:3-615: Nonconforming assets or business.

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Where this section sits in the code
  1. Hawaii Code
  2. Division 2
  3. Title 22
  4. Chapter 412

If a Hawaii financial institution resulting from a conversion, merger, consolidation, acquisition, or assumption by law may no longer own certain types of assets once it undergoes the conversion, merger, consolidation, acquisition, or assumption, or if it may no longer engage in certain types of business activities, the commissioner shall, as part of the order approving the transaction, allow a reasonable time within which the institution may divest itself of the nonconforming assets or business activities in order to conform with law.

Collected 2026-09-14T18:32:11Z. Source file · JSON

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