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HRS §412:5A-214

False claims about state responsibility for bank bonds

This section makes it a crime for anyone connected to an international banking corporation to say or suggest that the State of Hawaii will pay the bank's debts or is responsible for the bank's actions. A violation is a serious felony with penalties set by other state laws.

employees

The statute, as written — Misrepresentation of state liability for bonds

Any person connected in any capacity with an international banking corporation who represents in any way that the State is liable for the payment of any bond or other obligation, or the interest thereon, issued or incurred by any international banking corporation, or that the State is liable for any act or omission of the international banking corporation shall be guilty of a class C felony punishable pursuant to sections 706 - 660 and 706 - 640.
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.