§412:3-601  No conversions, mergers,
consolidations, acquisitions, assumptions, voluntary cessations of business, or
voluntary dissolutions except pursuant to this part.  Except as modified by
the commissioner's powers under parts III, IV, and V of article 2, no Hawaii
financial institution or financial institution holding company may acquire all
or substantially all of the assets or assume any of the liabilities of another
company, undergo a conversion, merger, or consolidation, sell all or
substantially all of its assets, be subject to any assumption of any of its
liabilities or to an acquisition of control, cease business, or dissolve except
in accordance with this part. [L 1993, c 350, pt of §1; am L 1994, c 107, §11;
am L 1998, c 39, §2]