§412:3-110 - Holding of assets.
§412:3-110 Holding of assets. EveryHawaii financial institution shall take the action necessary to assure thesafekeeping of its assets, and to keep them separate and apart from the assetsor property of others. An institution may use the services of a correspondentfinancial organization as a depository for securities owned or held ascollateral, or a computer service organization for accounting, or the practiceof nominee registration of title of securities. [L 1993, c 350, pt of §1]