HRS §412:10-204
Credit unions can buy or sell assets to each other
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 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.