Statutes > Hawaii Statutes > Volume 08 > TITLE 22 - BANKS AND FINANCIAL INSTITUTIONS > CHAPTER 412 - [CODE OF FINANCIAL INSTITUTIONS] > §412:2-413 - No interest on deposits of an institution in receivership.

§412:2-413 - No interest on deposits of an institution in receivership.

     §412:2-413  No interest on deposits of an institution in receivership.  Accrual of interest on any interest-bearing deposits in a Hawaii financial institution shall cease on the date of the appointment of a receiver. [L 1993, c 350, pt of §1]