§449-3  Excepted from this chapter. 
This chapter does not apply to any of the following when acting as escrow
depositories:



(1)  Banks, trust companies, and savings and loan
associations, authorized under any law of this State or of the United States to
do business in the State;



(2)  Any person licensed as a real estate broker in
the State who is the broker for a party to the escrow, provided the person does
not charge any escrow fee; and



(3)  Any person licensed to practice law in the State
who, in escrow, is not acting as the employee of a corporation, provided the
person does not charge any escrow fee. [L 1967, c 144, pt of §1; HRS §449-3; am
L 1973, c 173, §1; gen ch 1985; am L 1992, c 205, §4; am L 1996, c 27, §2]