Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 412-3-306 — Hawaii Law | CourtGPT
  1. Home/
  2. Laws/
  3. Hawaii/
  4. Title 22 - Banks and Financial Institutions412. Code of Financial Institutions412:1-100 Short Title/
  5. Chapter 412/
  6. § 412-3-306
Hawaii Legal Code

§ 412-3-306

Ask AI about this
§412:3-306 Paid-in capital and surplus. (a) Every nondepository financial services loan company conducting business under the laws of this State shall at all times have paid-in capital and surplus of not less than $500,000. (b) The initial paid-in capital and surplus of every nondepository financial services loan company shall be in money. [L 1993, c 350, pt of §1; am L 1996, c 63, §5]