HRS §241-3
Franchise tax on certain financial companies
Read the official text at capitol.hawaii.gov ↗This section says that certain financial businesses located or doing business in Hawaii must pay a yearly franchise tax. The tax amount and rate are set in another section. It only lists which businesses are covered and does not explain how to calculate the tax.
businesses
The statute, as written — Imposition of tax on other banks, building and loan associations, financial services loan companies, financial corporations, small business investment companies, trust companies, mortgage loan compani
A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.
es, financial holding companies, development companies, and subsidiaries. Every bank, other than a national banking association, every building and loan association, every financial services loan company, financial corporation, small business investment company, trust company, mortgage loan company, financial holding company, development company, and subsidiary located or doing business in the State, shall annually pay a franchise tax measured as, and at the rate, provided in section 241-4. [L Sp 1957, c 1, pt of §10(a); am L 1965, c 224, §6; Supp, §127-3; HRS §241-3; am L 1976, c 203, §3(2); am L 1982, c 92, §3(2); am L 1989, c 266, §3; am L 1992, c 106, §13]
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.