412:13-100 Title and purpose.
§412:13-100 Title and purpose. (a) This article shall be known and may be cited as the Hawaii International Banking Act. (b) This article is intended generally to provide for state regulation of the participation by foreign banks in the financial markets of this State. (c) Consistent with the federal International Banking Act, the Bank Holding […]
412:13-101 Application to existing foreign banks.
§412:13-101 Application to existing foreign banks. (a) The licenses of foreign banks to open and maintain agency offices and representative offices in this State which were granted before and which are in effect on June 1, 1997, are not invalidated by the enactment of this article nor by any change made in the requirements for […]
412:13-102 Definitions.
§412:13-102 Definitions. As used in this article: “Affiliate” has the same meaning as set forth in section 2(k) of the Bank Holding Company Act (12 U.S.C. 1841(k)). “Agency”, when used in reference to an office of a foreign bank, shall have the same meaning as is set forth in section 1(b)(1) of the federal International […]
412:11-105 Sanctions for failure to register or submit reports.
§412:11-105 Sanctions for failure to register or submit reports. Any financial institution holding company failing to register or furnish any report or information as and when required under this article, shall be subject to an administrative fine of not more than $200 for each day that it fails to register or for each day that […]
412:13-200 Purpose.
§412:13-200 Purpose. Consistent with the federal International Banking Act, the Bank Holding Company Act, the Federal Deposit Insurance Act, and the Interstate Banking and Branching Efficiency Act, this part is intended: (1) To authorize banking activities and operations, under state licenses issued by the commissioner, of direct branch and agency offices in this State of […]
412:11-106 Injunctions.
§412:11-106 Injunctions. If it appears to the commissioner that any person has committed or is about to commit a violation of any provision of this article or any rule or order of the commissioner, the commissioner may apply to the circuit court for an order enjoining such person from violating or continuing to violate this […]
412:13-201 Branches and agencies of foreign banks; necessity of licensure.
§412:13-201 Branches and agencies of foreign banks; necessity of licensure. (a) No foreign bank shall transact business in this State except at a Hawaii state branch or Hawaii state agency which it is licensed to establish and maintain pursuant to, and at which it conducts the activities as are permitted by this article. (b) Subsection […]
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]
412:13-202 Application to establish and maintain a branch or agency; contents.
§412:13-202 Application to establish and maintain a branch or agency; contents. A foreign bank, in order to procure a license under this article to establish and maintain a Hawaii state branch or Hawaii state agency, shall submit an application to the commissioner, together with the application fee prescribed in section 412:13-206. The application shall contain: […]
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 […]