HRS §412:7-101
Who needs a savings and loan charter
This section says that, unless federal law or this chapter allows it, no one can do savings and loan activities like taking deposits or using the name "savings and loan association" without being a Hawaii corporation with a charter. It applies to anyone trying to act as a savings and loan.
everyone
The statute, as written — Necessity for savings and loan association charter
Except as expressly permitted by federal law or this chapter, no person shall engage in any activity for which a charter to operate as a savings and loan association is required by this chapter, including without limitation the solicitation, acceptance, and holding of deposits in this State, the use of the term "savings and loan association", or the exercise of such other powers or privileges restricted to savings and loan associations under applicable law, unless it is a corporation incorporated in this State and has such a charter.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.