Control of electronic money

HRS §490:9-105.5, under Chapter 490.

HRS §490:9-105.5

[§490:9-105.5] Control of electronic money. (a) A person shall be deemed to have control of electronic money if the electronic money; a record attached to, or logically associated with, the electronic money; or a system in which the electronic money is recorded:

(b) Subject to subsection (c), a power shall be deemed exclusive under subsection (a)(1)(B) regardless of whether:

(c) A power of a person shall not be deemed to be shared with another person under subsection (b)(2) and the person's power shall not be deemed exclusive if:

(d) If a person has the powers specified in subsection (a)(1)(B), the powers shall be presumed to be exclusive.

(e) A person shall be deemed to have control of electronic money if another person, other than the transferor to the person of an interest in the electronic money: