HRS §412:9-407

Rules for loans and deals with insiders

Read the official text at capitol.hawaii.gov ↗

This section says a depository financial services loan company cannot make loans or do business with its affiliates, executive officers, directors, or major shareholders if that would break federal banking laws. It points to specific federal rules that set the limits.

financial institutions

The statute, as written — Limits on transactions with affiliates, executive officers, directors or principal shareholders

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 depository financial services loan company shall make any loan and extension of credit or engage in any transaction in violation of section 18j of the Federal Deposit Insurance Act, 12 U.S.C. §1828(j) or sections 22(g), 22(h), 23A or 23B of the Federal Reserve Act, 12 U.S.C. §§375a, 375b, 371c and 371c-1.

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.