HRS §412:2-413

Interest stops when a receiver is appointed

Read the official text at capitol.hawaii.gov ↗

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

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.

Accrual of interest on any interest-bearing deposits in a Hawaii financial institution shall cease on the date of the appointment of a receiver.

Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.