HRS §412:10-401
Rules for making loans safely and legally
A credit union must only give loans or credit in a careful, responsible way and must follow all federal and state laws. This section sets the basic rule for lending, without specific details.
borrowersfinancial institutions
The statute, as written — General requirements for loans
A credit union shall make loans and extensions of credit that are consistent with prudent lending practices and in compliance with all applicable federal and state law.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.