There is a newer version of the Hawaii Revised Statutes
2023
2022
2021
2020
2019
Other previous versions
View our newest version here

2012 Hawaii Revised Statutes
TITLE 26. TRADE REGULATION AND PRACTICE
489D. Money Transmitters Act
489D-6 License qualifications.


HI Rev Stat § 489D-6 (2012) What's This?

§489D-6 License qualifications. (a) Each licensee, at all times, shall have a net worth of not less than $1,000, calculated in accordance with generally accepted accounting principles.

(b) Each corporate applicant, at the time of filing an application, and at all times after a license is issued, shall be in good standing in the state of its incorporation. All non-corporate applicants, at the time of filing an application for a license under this chapter, and at all times after a license is issued, shall be registered or qualified to do business in the State. [L 2006, c 153, pt of §1]

Disclaimer: These codes may not be the most recent version. Hawaii may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.