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2012 Hawaii Revised Statutes
TITLE 22. BANKS AND FINANCIAL INSTITUTIONS
412. Code of Financial Institutions
412:13-207 No concurrent maintenance of federal branches or agencies.


HI Rev Stat § 412:13-207 (2012) What's This?

§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 in this State shall concurrently be licensed under this article to maintain a Hawaii state branch or Hawaii state agency. [L 1996, c 155, pt of §2]

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