Rules of Court
Receivers, see HRCP rule 66.
§412:2-411 Termination of conservatorship. The commissioner may terminate a conservatorship of a Hawaii financial institution whenever in the commissioner's judgment such action would be prudent and in the public interest. A conservatorship may also be terminated by order of the circuit court. Upon such termination, the financial institution shall be returned to the possession and control of its board of directors, or be placed in a receivership, subject to any terms and conditions imposed by the commissioner or the court. If placed in receivership, the affected Hawaii financial institution shall be entitled to judicial review as provided in section 412:2-401. [L 1993, c 350, pt of §1]
Section: Previous 412-2-404 412-2-405 412-2-406 412-2-407 412-2-408 412-2-409 412-2-410 412-2-411 412-2-412 412-2-413 412-2-414 412-2-415 412-2-416 412-2-417 412-2-418 NextLast modified: October 27, 2016