Haw. Code R. § 16-39-402 - Eligibility requirements

(a) An applicant, if a natural person, shall have attained the age of eighteen years.
(b) A broker-dealer that is a foreign business entity that intends to establish a branch office in this State shall, in addition to the requirements under this chapter and chapter 485A, HRS, comply with the requirements of this State's business registration laws, as applicable.
(c) An applicant, except an applicant that is registered as a broker or dealer under the Securities Exchange Act, shall have a minimum net capital of not less than $5,000 and comply with the requirements of section 16-39-404(b).
(d) A partner or an officer of a registered broker-dealer or issuer may engage in the capacity of an agent only if that person has been duly registered as provided under this chapter and chapter 485A, HRS.

Notes

Haw. Code R. § 16-39-402
[Eff 6/30/08] (Auth: HRS § 485A-606) (Imp: HRS §§ 485A-401, 485A-406) Comp 11/18/2023

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