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HRS §412:8-102

Who can run a trust company in Hawaii

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

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.