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§ 412-3-110 — Hawaii Law | CourtGPT
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  4. Title 22 - Banks and Financial Institutions412. Code of Financial Institutions412:1-100 Short Title/
  5. Chapter 412/
  6. § 412-3-110
Hawaii Legal Code

§ 412-3-110

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§412:3-110 Holding of assets. Every Hawaii financial institution shall take the action necessary to assure the safekeeping of its assets, and to keep them separate and apart from the assets or property of others. An institution may use the services of a correspondent financial organization as a depository for securities owned or held as collateral, or a computer service organization for accounting, or the practice of nominee registration of title of securities. [L 1993, c 350, pt of §1]