Haw. Rev. Stat. § 412:2-403

Current through the 2024 Legislative Session
Section 412:2-403 - Who may serve as conservator or receiver

The commissioner, deputy commissioner, federal insurer of the Hawaii financial institution's deposits or accounts or other qualified person may serve as a conservator or receiver. Except for the commissioner, deputy commissioner, or federal insurer, every conservator and receiver must consent in writing to serve in such capacity, and before assuming such position shall sign an engagement agreement agreed upon by the person and the commissioner.

HRS § 412:2-403

L 1993, c 350, pt of §1