Haw. Rev. Stat. § 412:2-405

Current through Chapter 253 of the 2024 Legislative Session
Section 412:2-405 - Removal or replacement of conservator or receiver

The commissioner may remove or replace a conservator or receiver other than a federal insurer effective upon notice thereof, and with or without cause. Such removal or replacement shall not subject either the commissioner or the court to any liability to the conservator or receiver. Such removal or replacement shall not affect the financial institution's right to obtain judicial review of the commissioner's original decision to appoint a conservator or receiver under section 412:2-401.

HRS § 412:2-405

L 1993, c 350, pt of §1