Haw. Rev. Stat. § 412:4-104

Current through Chapter 253 of the 2024 Legislative Session
Section 412:4-104 - Federal deposit insurance required

No bank, savings bank, savings and loan association and depository financial services loan company which is a Hawaii financial institution shall accept deposits unless such deposits are insured to the extent allowed by the Federal Deposit Insurance Corporation or a successor agency. No credit union which is a Hawaii financial institution shall accept deposits or issue shares unless such deposits or shares are insured to the extent allowed by the National Credit Union Administration or a successor agency.

HRS § 412:4-104

L 1993, c 350, pt of §1