Terms Used In Hawaii Revised Statutes 412:6-300

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Loans and extensions of credit: includes a contractual commitment to advance funds. See Hawaii Revised Statutes 412:1-109

This part sets forth the requirements and restrictions for lending and investments by all savings banks. A savings bank may make loans and extensions of credit and may invest its assets as may be permitted by this part and as may be provided elsewhere in this article.