412:13-207 No concurrent maintenance of federal branches or agencies.
§412:13-207 No concurrent maintenance of federal branches or agencies. (a) No foreign bank that is licensed under this article to establish and maintain a Hawaii state branch or Hawaii state agency shall concurrently maintain a federal branch or federal agency in this State. (b) No foreign bank that maintains a federal branch or federal agency […]
412:13-223 Examination; payment of fees.
§412:13-223 Examination; payment of fees. (a) A Hawaii state branch, Hawaii state agency, or Hawaii representative office shall be subject to examination by the commissioner at intervals prescribed, and in accordance with, section 412:2-200. (b) In conducting an examination pursuant to this section, the commissioner shall: (1) Have full access to the offices, books, accounts, […]
412:13-208 Powers of branch and agency.
§412:13-208 Powers of branch and agency. (a) Except as otherwise specifically provided in this article or in rules or orders adopted by the commissioner, and notwithstanding any other law or rule of this State to the contrary, operations of a foreign bank at a Hawaii state branch or Hawaii state agency shall be conducted with […]
412:13-209 Filing of amendments to articles of incorporation.
§412:13-209 Filing of amendments to articles of incorporation. A foreign bank that is licensed to maintain a Hawaii state branch or Hawaii state agency, whenever its articles of incorporation are amended, shall forthwith file in the office of the commissioner a copy of the amendment duly authenticated by the proper officer of the country of […]
412:13-210 Separate assets.
§412:13-210 Separate assets. (a) Each foreign bank that is licensed to establish and maintain a Hawaii state branch or Hawaii state agency in this State shall keep the assets of its business in this State separate and apart from the assets of its business outside this State. (b) The creditors of a foreign bank arising […]
412:13-211 Disclosure of lack of deposit insurance.
§412:13-211 Disclosure of lack of deposit insurance. Each foreign bank that is licensed to establish and maintain a Hawaii state branch or Hawaii state agency, in a manner established by the commissioner by rule or order, shall give notice that deposits and credit balances in the branch or agency office are not insured by the […]
412:13-212 Limitations on payment of interest on deposits.
§412:13-212 Limitations on payment of interest on deposits. A foreign bank that is licensed to establish and maintain a Hawaii state branch or Hawaii state agency shall be subject to the same limitations with respect to the payment of interest on deposits as a state bank that is a member of the Federal Reserve System. […]
412:13-213 Pledge of assets.
§412:13-213 Pledge of assets. (a) Each foreign bank that is licensed to establish and maintain a Hawaii state branch or Hawaii state agency shall keep on deposit $500,000 or any greater amount as the commissioner may prescribe by rule in unaffiliated Hawaii banks as have been selected by the foreign bank and approved in writing […]
412:13-214 Asset maintenance.
§412:13-214 Asset maintenance. (a) Each foreign bank that is licensed to establish and maintain a Hawaii state branch or Hawaii state agency shall hold in this State currency, bonds, notes, debentures, drafts, bills of exchange, or other evidences of indebtedness, including loan participation agreements or certificates, or other obligations payable in the United States or […]
412:13-215 Representative office of foreign banks; necessity of licensure.
§412:13-215 Representative office of foreign banks; necessity of licensure. (a) No foreign bank shall establish or maintain a Hawaii representative office unless the foreign bank is licensed by the commissioner to maintain a Hawaii representative office. (b) Nothing in subsection (a) shall be deemed to prohibit a foreign bank which maintains a federal agency or […]