Hawaii Revised Statutes 412:6-301 – General requirements for loans
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Terms Used In Hawaii Revised Statutes 412:6-301
- Federal: means belonging to, part of, or related to the government of the United States of America. See Hawaii Revised Statutes 412:1-109
- Loans and extensions of credit: includes a contractual commitment to advance funds. See Hawaii Revised Statutes 412:1-109
A savings bank shall make loans and extensions of credit that are consistent with prudent lending practices and in compliance with all applicable federal and state law.