There is a newer version of the Hawaii Revised Statutes
2012 Hawaii Revised Statutes
TITLE 25. PROFESSIONS AND OCCUPATIONS
449. Escrow Depositories
- 449-1 Definitions.
- 449-1.5 Applicability of chapter.
- 449-1.6 Name of escrow depository.
- 449-1.7 Indicia of escrow depository prohibited.
- 449-1.8 Confidential portion of application or records.
- 449-2 Rules.
- 449-3 Excepted from this chapter.
- 449-4 Administrative penalty.
- 449-5 License required to act as escrow depository.
- 449-5.5 Net capital.
- 449-6 Application for license.
- 449-7 Investigation and ruling.
- 449-7.4 Grant of approval.
- 449-7.5 Licensing requirements.
- 449-8 Issuance and renewal of license.
- 449-8.5 Denial of license.
- 449-8.6 Sale or transfer of license or change in control. (a) No escrow depository license shall be transferred. (b) A bona fide sale of all or substantially all of the ongoing operations of a licensee shall not result in the assignment or transfer of the escrow depository license. The purchaser of all or substantially all of the ongoing operations of a licensee shall file an application for approval in accordance with this chapter and shall not act as an escrow depository unless it has been licensed by the commissioner. (c) If the licensee is a corporation, any intended transfer of its voting stock which may result in the acquisition of control of the licensee may be considered a transfer of license. Any intended transfer of the voting stock which may result in the acquisition of control shall be reported to the commissioner in writing. Upon determination by the commissioner that the intended transfer will result in the acquisition of control, the transferee of the stock shall file an application for approval to act as an escrow depository and shall not acquire control of an escrow depository until the transferee has been approved by the commissioner. [L 1992, c 205, pt of §1]
- 449-9 Escrow depository's bond.
- 449-10 Suit on bond.
- 449-11 Fidelity bonds; deposit.
- 449-12 Errors and omissions insurance; deposit.
- 449-13 Cancellation of bonds or insurance; withdrawal of deposits.
- 449-14 Fees.
- 449-15 Audited statements.
- 449-16 Accounting for moneys, property, etc.
- 449-16.5 Earnings on funds.
- 449-17 Revocation and suspension of licenses.
- 449-18 REPEALED.
- 449-19 Relocation of office.
- 449-20 Branch offices.
- 449-20.5 Closing branch office.
- 449-21 Maintenance of books and records.
- 449-22 Examinations.
- 449-23 Removal of officers or directors.
- 449-24 Termination of escrow depository operations.
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