HRS §412:3-106
CEO must live in Hawaii
Read the official text at capitol.hawaii.gov ↗The top officer of most Hawaii financial institutions must live in Hawaii. If they move away, they lose the job right away, and the institution must quickly pick a replacement who lives here.
financial institutions
The statute, as written — Residency of chief executive officer
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.
The chief executive officer of every Hawaii financial institution, except a nondepository financial services loan company, shall be a resident of this State. If at any time a person holding the office ceases to be a state resident, that person's tenure shall automatically cease, and a successor, alternate, or substitute who is a state resident shall be immediately appointed or elected, as provided in the institution's bylaws.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.