HRS §490:8-111
Clearing corporation rules can override this article
Read the official text at capitol.hawaii.gov ↗This section says that a clearing corporation's own rules about rights and duties between it and its participants are valid, even if those rules conflict with this article and affect someone who did not agree to them.
The statute, as written — Clearing corporation rules
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.
A rule adopted by a clearing corporation governing rights and obligations among the clearing corporation and its participants in the clearing corporation is effective even if the rule conflicts with this article and affects another party who does not consent to the rule.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.