HRS § 412-2-100 - Commissioner of financial institutions; division of financial institutions

This provision creates the commissioner of financial institutions, assigns the commissioner to lead the division, and gives the director of commerce and consumer affairs power to appoint, remove, and set the commissioner’s salary with governor approval for appointment and removal.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction: United States — Hawaii
Instrument: Act or statute
Version: Undated source snapshot
Language: en
Updated: 1 Jan 2017
Official source: View official record ↗

financial institutions administration regulatory supervision

Publicly available, excluded from search-engine indexing

This page remains available for direct access and API use, but this release emits noindex,follow for the following reason:

The record does not meet this release's canonical indexing criteria. (market-indexing-disabled)

Statute overview

About this statute

This page preserves the statute’s identified version, provision structure, official source link, and stored legal text for reading and research.

Read the provisions Ask with citations

Search within this statute

Search all stored provisions in this version.

Legal text

Provisions of HRS § 412-2-100 - Commissioner of financial institutions; division of financial institutions

Showing 1 of 1

§
HRS § 412-2-100 - Commissioner of financial institutions; division of financial institutions
Verify source ↗

AI-assisted research summary: This provision creates the commissioner of financial institutions, assigns the commissioner to lead the division, and gives the director of commerce and consumer affairs power to appoint, remove, and set the commissioner’s salary with governor approval for appointment and removal.

ARTICLE 2. DIVISION OF FINANCIAL INSTITUTIONS PART I. ADMINISTRATION (a) The director of commerce and consumer affairs, with the approval of the governor, shall appoint the commissioner of financial institutions. The commissioner shall be in charge of the division of financial institutions within the department of commerce and consumer affairs. The commissioner shall be the primary regulator of Hawaii financial institutions, and shall have the authority expressly conferred by or reasonably implied from the provisions of this chapter. The commissioner may be removed by the director of commerce and consumer affairs with the approval of the governor; provided that while there is any vacancy in the office of the commissioner, the director of commerce and consumer affairs shall serve as ex officio commissioner. The commissioner shall not be subject to chapter 76. (b) The salary of the commissioner shall be set by the director of commerce and consumer affairs but shall not be more than the maximum salary of first deputy to the director of commerce and consumer affairs. (c) It shall be the primary purpose of the division of financial institutions to ensure the safety and soundness of Hawaii financial institutions and to maintain public confidence in such institutions through the process of chartering and licensing, regulatory approval, examinations and supervision. [L 1993, c 350, pt of §1; am L 2000, c 253, §150; am L 2005, c 226, §13]

Provision text is displayed from LexChat’s stored statute record. Use the official source links to verify amendments, commencement, and current legal force.

About this LexChat collection

Publisher and coverage

LexChat is published by Esheria. Coverage reflects the legislation currently mapped from identified source collections; it may be incomplete, delayed, or later corrected. The official source controls where it differs from this research page.

AI and research method

AI-generated material is explicitly labelled and published only through LexChat's quality controls. It is a research aid, not the source document.

Corrections and reporting

Report a source mismatch, factual issue, personal-data concern, or licensing question to support@esheria.co.ke. Include this page's URL and the supporting official source so the record can be reviewed, corrected, restricted, or withdrawn.

Legal-information disclaimer

LexChat provides legal information and research tools, not legal advice. Verify currency, status, citations, and jurisdiction with authoritative sources and a qualified professional where appropriate.

HRS § 412-2-100 - Commissioner of financial institutions; division of financial institutions

Publicly available, excluded from search-engine indexing

About this statute

Search within this statute

Provisions of HRS § 412-2-100 - Commissioner of financial institutions; division of financial institutions

Ask AI about this statute

Sign in to ask AI about this statute