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HRS §412:8-102

Who can run a trust company in Hawaii

Read the official text at capitol.hawaii.gov ↗

This law says that in Hawaii, you cannot run a trust company or control someone who does, unless the company is a Hawaii-incorporated trust company with a charter under this part, or it is a trust division, department, or subsidiary of a bank under article 5.

everyone

The statute, as written — Necessity for trust company charter

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 person shall engage in the business of a trust company in this State or control any other person engaging in the business of a trust company in this State, except through a trust company incorporated in this State and chartered under this part or through a trust division, department, or subsidiary of a bank, pursuant to article 5.
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.