Dormant accounts
HRS §412:10-310
in effect412:10-310. Dormant accounts
(a) If there has been no activity on a share or deposit account for one year, the credit union may impose a reasonable maintenance fee.
(b) Share and deposit accounts, dividends,
interest and other sums due or standing in the name of a member or other person
and held by the credit union are presumed abandoned unless the member or other
person has, within five years:
(1) Increased or decreased the amount of the funds or
presented an appropriate record for the crediting of dividends or interest;
(2) Corresponded in writing with the credit union
concerning the funds; or
(3) Otherwise indicated an interest in the funds as
evidenced by a memorandum on file with 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_0412-0010-0310.htmFetched: 11/10/2026