{"data":{"id":"us-hi/haw.-rev.-stat.-412-2-402","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 412:2-402","heading":"Additional grounds for appointment.","body":"The commissioner may also appoint a conservator or receiver to take over the possession and control of any Hawaii financial institution:\n\n(1) Which consents to such appointment by an affirmative vote of a majority of its board of directors, or by a majority vote of its shareholders or members; or\n\n(2) Whose status as an insured institution has been involuntarily terminated by the federal insurer of its deposits or accounts.\n\nAn appointment pursuant to this section shall not be subject to judicial review.","path":["Hawaii Code","Division 2","Title 22","Chapter 412"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol08_Ch0401-0429/HRS0412/HRS_0412-0002-0402.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"e1c056eddcd7054effd2b7495f90ac79d1075042d5baad144f59fc5303aeaaae","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-412-2-401","next":"us-hi/haw.-rev.-stat.-412-2-403"},"notice":"GroundRules: Original legal text. Not legal advice."}