412:12-106 No concentration limit under Hawaii state law; waiver of federal concentration limits.
§412:12-106 No concentration limit under Hawaii state law; waiver of federal concentration limits. (a) There shall be no state deposit cap or concentration limit under the law of this State. (b) The commissioner may waive, on a case-by-case basis, the federal statewide concentration limits under section 44(b) of the Federal Deposit Insurance Act; provided that […]
412:12-107 Powers; additional branches.
§412:12-107 Powers; additional branches. (a) An out-of-state state bank which establishes and operates a branch in Hawaii under this article may conduct any activities at the branch that are authorized under the laws of this State for Hawaii state banks chartered under article 5 of this chapter. (b) A Hawaii state bank may conduct any […]
412:12-108 Examinations; periodic reports; cooperative agreements; assessment of fees.
§412:12-108 Examinations; periodic reports; cooperative agreements; assessment of fees. (a) To the extent consistent with subsection (c), the commissioner may examine any branch established and maintained in this State pursuant to this article by an out-of-state state bank as the commissioner deems necessary to determine whether the branch is being operated in compliance with the […]
412:12-109 Enforcement.
§412:12-109 Enforcement. If the commissioner determines that a branch maintained by an out-of-state state bank in this State is being operated in violation of any provision of the laws of this State, or that the branch is being operated in an unsafe and unsound manner, the commissioner may take all enforcement actions as the commissioner […]
412:12-110 Notice of subsequent merger, etc.
§412:12-110 Notice of subsequent merger, etc. Each out-of-state state bank that operates a branch in this State pursuant to this article, or the home state regulator of the bank, shall give at least thirty days’ prior written notice (or, in the case of an emergency transaction, shorter notice as is consistent with applicable state or […]
412:12-100 Purpose.
§412:12-100 Purpose. It is the express intent of this article to permit interstate branching under sections 102 and 103 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994, Public Law No. 103-328, in accordance with the provisions set forth in this article. [L 1996, c 155, pt of §1]
412:12-101 Definitions.
§412:12-101 Definitions. As used in this article, unless a different meaning is required by the context, the following words and phrases shall have the following meanings: “Acquisition of a branch” means the acquisition of a branch located in a host state, without engaging in an “interstate merger transaction” as defined in this article. “Bank” has […]
412:12-102 Authority of Hawaii state banks to establish interstate branches by merger.
§412:12-102 Authority of Hawaii state banks to establish interstate branches by merger. (a) With the prior approval of the commissioner, a Hawaii state bank may establish and operate one or more branches in a state other than Hawaii, pursuant to an interstate merger transaction in which the Hawaii state bank is the resulting bank. (b) […]
412:12-103 Authority of Hawaii state banks to establish a de novo interstate branch or acquire an interstate branch.
§412:12-103 Authority of Hawaii state banks to establish a de novo interstate branch or acquire an interstate branch. (a) With the prior approval of the commissioner, any Hawaii state bank may establish and operate a de novo branch or acquire and operate a branch in a state other than Hawaii. (b) A Hawaii state bank […]
412:12-104 Authority of out-of-state banks to establish interstate branches in Hawaii by merger.
§412:12-104 Authority of out-of-state banks to establish interstate branches in Hawaii by merger. (a) One or more Hawaii banks may enter into an interstate merger transaction with one or more out-of-state banks under this article, and an out-of-state bank resulting from the transaction may maintain and operate the branches in Hawaii of a Hawaii bank […]