HRS §412:2-418
Bank transfers to dodge insolvency rules are void
Read the official text at capitol.hawaii.gov ↗If a Hawaii financial institution is about to become insolvent and moves money or property to favor one depositor or creditor over others, that transfer is invalid. This stops the institution from hiding assets or giving unfair advantages before it fails.
financial institutions
The statute, as written — Transfer of assets in contemplation of insolvency void
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.
All transfers, assignments, and payments by any Hawaii financial institution made after or in contemplation of the institution's insolvency shall be void if done with the intent to evade this chapter or to accord preference to any depositor or creditor over another.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.