Rules of Court
Receivers, see HRCP rule 66.
§412:2-406 Compensation and expenses of conservator or receiver. All expenses of any conservatorship or receivership shall be paid out of the assets of the Hawaii financial institution and shall be a lien on the assets, which shall be prior to any other lien provided by this chapter or otherwise. Such expenses shall include without limitation, all costs and expenses incurred by the State, conservator, receiver and any other person for rent, utilities, telephones, travel, equipment, supplies, and employee salaries and benefits (including state employees). No compensation shall be paid to the commissioner, the deputy commissioner or federal insurer for serving as conservator or receiver, but other persons serving in such capacity may receive a salary commensurate with the responsibilities of such position. [L 1993, c 350, pt of §1]
Section: Previous 412-2-315 412-2-400 412-2-401 412-2-402 412-2-403 412-2-404 412-2-405 412-2-406 412-2-407 412-2-408 412-2-409 412-2-410 412-2-411 412-2-412 412-2-413 NextLast modified: October 27, 2016