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2013 Hawaii Revised Statutes
TITLE 22. BANKS AND FINANCIAL INSTITUTIONS
412. Code of Financial Institutions
412:2-418 Transfer of assets in contemplation of insolvency void.


HI Rev Stat § 412:2-418 (2013) What's This?

Rules of Court

Receivers, see HRCP rule 66.

§412:2-418 Transfer of assets in contemplation of insolvency void. All transfers, assignments, and payments by any Hawaii financial institution made after or in contemplation of the institution's insolvency shall be void if done with the intent to evade this chapter or to accord preference to any depositor or creditor over another. [L 1993, c 350, pt of §1]

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