Haw. Rev. Stat. § 412:3-614

Current through Chapter 253 of the 2024 Legislative Session
Section 412:3-614 - Sale or transfer of charter or license prohibited

No Hawaii financial institution may sell, transfer, or otherwise dispose of any charter, license, approval, or any other right or privilege granted under this chapter, unless the sale, transfer, or disposition is part of a conversion, merger, consolidation, sale, assumption or acquisition of control permitted under this part. Any attempted sale, transfer, or disposition in violation of this section shall be null, void, and unenforceable.

HRS § 412:3-614

L 1993, c 350, pt of §1