HRS §412:10-204
Credit unions can buy or sell assets to each other
Read the official text at capitol.hawaii.gov ↗This section lets a credit union sell some or all of its assets to another credit union, or buy assets from another credit union. It can also take on the debts of the selling credit union and its members. This is a simple permission for these transactions.
The statute, as written — Sale or purchase of assets
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.
A credit union may sell all or part of its assets to another credit union, purchase all or part of the assets of another credit union and assume the liabilities of the selling credit union and those of its members.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.