§412:2-407  Stay of judicial proceedings.  All
non-criminal judicial proceedings to which the Hawaii financial institution in
conservatorship or receivership, is a party at the time of the appointment of a
conservator or receiver, including without limitation any action, hearing,
judgment, execution, attachment, summons, discovery or deposition, shall be
stayed automatically for a period of forty-five days after the appointment of
the conservator or ninety days after the appointment of a receiver.  The conservator
or receiver may apply to the court presiding over the judicial proceedings for
an extension of the stay, which shall be granted only upon a showing that the
resumption of the proceeding will substantially detract from the purposes of
the conservatorship or receivership and will not significantly diminish the
potential recovery or remedy of the other party or parties in the judicial
proceedings. [L 1993, c 350, pt of §1]



 



Rules of Court



 



  Stay of proceedings, see HRCP rule 62.