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

Haw. Rev. Stat. § 412:5A-210: Acquisition of stock to save a loss.

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

Nothing in this part shall prevent an international banking corporation from acquiring and holding stock in any corporation if the acquisition is necessary to prevent a loss upon a debt previously contracted in good faith; provided, that stock so acquired shall within twelve months from the acquisition be sold or disposed of at public or private sale, or within such further time as may be granted by the commissioner.

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

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