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 […]
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 […]
412:13-219 Posting of license.
§412:13-219 Posting of license. Each foreign bank that is licensed to establish and maintain a Hawaii state branch, Hawaii state agency, or Hawaii representative office shall post its license in a conspicuous place at the office. [L 1996, c 155, pt of §2]
412:13-204 Denial of license.
§412:13-204 Denial of license. If the commissioner is not satisfied that the foreign bank meets all the criteria set forth for approval, the commissioner shall issue a written decision denying the application. A foreign bank which is denied approval may request a hearing before the commissioner in accordance with chapter 91. Any final decision of […]
412:13-220 Licenses not transferable.
§412:13-220 Licenses not transferable. No license issued by the commissioner in accordance with this article shall be transferable or assignable. [L 1996, c 155, pt of §2]
412:13-205 Amended license to establish and maintain a branch or agency.
§412:13-205 Amended license to establish and maintain a branch or agency. (a) A foreign bank that is licensed to establish and maintain a Hawaii state branch or Hawaii state agency shall secure an amended license if it changes its corporate name, changes the duration of its corporate existence, or desires to pursue in this State […]
412:13-221 Change of control of foreign bank.
§412:13-221 Change of control of foreign bank. A 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 a notice, in a form and containing any information as the commissioner may prescribe, no later than fourteen calendar days after the […]