HRS §412:2-413
Interest stops when a receiver is appointed
If a Hawaii financial institution goes into receivership, interest stops building on any interest-bearing deposits from the day the receiver is appointed. This section only sets that rule and does not cover other deposit issues.
financial institutions
The statute, as written — No interest on deposits of an institution in receivership
Accrual of interest on any interest-bearing deposits in a Hawaii financial institution shall cease on the date of the appointment of a receiver.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.