Haw. Rev. Stat. § 412:3-110

Current through Chapter 253 of the 2024 Legislative Session
Section 412:3-110 - Holding of assets

Every Hawaii financial institution shall take the action necessary to assure the safekeeping of its assets, and to keep them separate and apart from the assets or property of others. An institution may use the services of a correspondent financial organization as a depository for securities owned or held as collateral, or a computer service organization for accounting, or the practice of nominee registration of title of securities.

HRS § 412:3-110

L 1993, c 350, pt of §1