412:13-224 Supervision and enforcement.
§412:13-224 Supervision and enforcement. (a) The commissioner shall have all of the powers granted to the commissioner by the laws of this State to the extent appropriate to enable the commissioner to supervise each Hawaii state branch, Hawaii state agency, or Hawaii representative office. (b) In order to carry out the purposes under this article, […]
412:13-225 Reports.
§412:13-225 Reports. (a) Each foreign bank that is licensed to establish and maintain a Hawaii state branch, Hawaii state agency, or Hawaii representative office shall file with the commissioner any reports the commissioner may require. (b) Each report filed with the commissioner under this article, or under any rule or order issued under this article, […]
412:13-226 Books, accounts, and records.
§412:13-226 Books, accounts, and records. Each foreign bank that is licensed to establish and maintain a Hawaii state branch, Hawaii state agency, or Hawaii representative office shall maintain or make available at any office appropriate books, accounts, and records reflecting: (1) All transactions effected by or on behalf of the office; and (2) All actions […]
412:13-227 Voluntary closure of branch, agency, or representative office; application.
§412:13-227 Voluntary closure of branch, agency, or representative office; application. (a) No foreign bank that is licensed to establish and maintain a Hawaii state branch, Hawaii state agency, or Hawaii representative office shall close the office without filing an application with, and obtaining the prior approval of, the commissioner. The application filed by a foreign […]
412:13-228 Suspension or revocation of license; grounds; procedures.
§412:13-228 Suspension or revocation of license; grounds; procedures. (a) The commissioner may issue an order revoking a license of a foreign bank to establish and maintain a Hawaii representative office if the commissioner finds that: (1) The foreign bank has violated any provision of this article or any other law or rule of this State; […]
412:13-229 Immediate suspension or revocation.
§412:13-229 Immediate suspension or revocation. (a) If the commissioner finds that any of the factors set forth in section 412:13-228(b) are true with respect to any foreign bank that is licensed to maintain a Hawaii state branch or Hawaii state agency, and that it is necessary for the protection of the interests of creditors of […]
412:13-230 Seizure of foreign bank’s property and business; liquidation.
§412:13-230 Seizure of foreign bank’s property and business; liquidation. (a) If the commissioner finds that any of the factors set forth in section 412:13-228 are true with respect to any foreign bank that is licensed to establish and maintain a Hawaii state branch or Hawaii state agency and that it is necessary for the protection […]
412:13-216 Representative office; application.
§412:13-216 Representative office; application. (a) The application for a license to establish and maintain a Hawaii representative office shall be in writing under oath and shall be in a form and contain any information as the commissioner may require by rule or order. The application shall be accompanied by a nonrefundable application fee of $1,500 […]
412:13-217 Representative office; factors for approval of application.
§412:13-217 Representative office; factors for approval of application. (a) The commissioner shall issue a license to a foreign bank to establish and maintain a Hawaii representative office if the commissioner finds that: (1) The foreign bank is in good standing under the laws of the country in which it is organized and is in sound […]
412:13-218 Representative office; permissible activities.
§412:13-218 Representative office; permissible activities. (a) A foreign bank which is licensed to establish and maintain a Hawaii representative office, subject to any rules as the commissioner may prescribe, may engage in the following activities: (1) Solicitation for loans and in connection therewith the assembly of credit information, making of property inspections and appraisals, securing […]