HRS §412:7-304
Rules for loans to insiders of savings and loan associations
Read the official text at capitol.hawaii.gov ↗This section says that a savings and loan association cannot make a loan or extend credit in a way that breaks a specific federal law about loans to its own officers, directors, big shareholders, and their affiliates. It just points to that federal rule.
The statute, as written — Loans and extensions of credit to executive officers, directors, principal shareholders and affiliates
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.
No savings and loan association shall make any loan or extension of credit in violation of section 11 of the Home Owners' Loan Act of 1933, as amended, 12 U.S.C. §1468.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.