HRS §412:3-110
Keeping bank assets safe and separate
Read the official text at capitol.hawaii.gov ↗Every financial institution in Hawaii must keep its own assets safe and separate from other people's property. It can use other financial organizations to hold securities or do accounting, and can register securities in a nominee's name.
financial institutions
The statute, as written — Holding of assets
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.
Every Hawaii financial institution shall take the action necessary to assure the safekeeping of its assets, and to keep them separate and apart from the assets or property of others. An institution may use the services of a correspondent financial organization as a depository for securities owned or held as collateral, or a computer service organization for accounting, or the practice of nominee registration of title of securities.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.