§412:3-106 Residency of chief executive officer. The chief executive officer of every Hawaii financial institution, except a nondepository financial services loan company, shall be a resident of this State. If at any time a person holding the office ceases to be a state resident, that person's tenure shall automatically cease, and a successor, alternate, or substitute who is a state resident shall be immediately appointed or elected, as provided in the institution's bylaws. [L 1993, c 350, pt of §1]
Section: Previous 412-2-611 412-3-100 412-3-101 412-3-102 412-3-103 412-3-104 412-3-105 412-3-106 412-3-107 412-3-108 412-3-109 412-3-110 412-3-111 412-3-111.5 412-3-112 NextLast modified: October 27, 2016