Terms Used In Hawaii Revised Statutes 412:7-300

  • 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 and loan associations. A savings and loan association 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.