Other Member Services

HRS div. 2, tit. 22, ch. 412, art. 10, pt. VII

in effect

HRS §412:10-700 Insurance for members

412:10-700. Insurance for members A credit union may purchase or make available insurance for its members either on an individual or group basis. L 1993, c 350, pt of §1

HRS §412:10-701 Liability insurance for officers

412:10-701. Liability insurance for officers A credit union may purchase and maintain insurance on behalf of any person who is or was a director, officer, employee, or agent of the credit union, or who is or was serving at the request of the credit union as a director, officer, employee, or agent of another corporation, partnership, joint venture, trust or other enterprise against any liability asserted against such person and incurred by such person in any such capacity or arising out of such person's status as such, whether or not the credit union would have the power to indemnify such person against such liability. [L 1993, c 350, pt of §1]

HRS §412:10-702 Group purchasing

412:10-702. Group purchasing A credit union may enter into marketing arrangements and joint ventures with other credit unions, or organizations or financial institutions to facilitate its members' voluntary purchase of goods, insurance and other services from third parties, consistent with the purposes of the credit union. A credit union may be compensated for services so provided. [L 1993, c 350, pt of §1]

HRS §412:10-703 Money-type instruments

412:10-703. Money-type instruments A credit union may collect, receive and disburse monies in connection with the providing of negotiable checks, money orders, travelers checks, and other money-type instruments, and the providing of services through automated teller machines and for such other purposes as may provide benefit or convenience to its members. A credit union may charge fees for such services. [L 1993, c 350, pt of §1]

HRS §412:10-704 Retirement accounts

412:10-704. Retirement accounts A credit union may act as trustee or custodian of any form of retirement, pension, profit-sharing, or deferred income accounts authorized under federal law or the laws of this State including but not limited to individual retirement accounts, pension funds of self-employed individuals, and pension funds of a company or organization whose employees or members are eligible for membership in the credit union. [L 1993, c 350, pt of §1]

Source: Hawaii State Legislature (capitol.hawaii.gov), via Internet Archive capturesURL: https://www.capitol.hawaii.gov/hrscurrent/Vol08_Ch0401-0429/HRS0412/HRS_0412-.htmFetched: 11/10/2026