HAR §16-25-62. §16-25-62 Inquiries from financial institution or industry trade association

The division's response to an inquiry from a financial institution or industry trade association shall not determine private rights and obligations. The commissioner may decide to respond to a financial institution's or industry trade association's inquiry regarding an interpretation of a statute or rule that is consistent with the division's regulatory purpose. A financial institution or industry trade association has a right to know whether the division will find a particular action to be within the bounds of the law. [Eff 8/13/87; am and comp 1/27/01; comp 8/04/05] (Auth: HRS §§91-2, 91-8, 412:2-100, 412:2-107) (Imp: HRS §§91-2, 91-8, 412:2-100, 412:2-107)