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2012 Hawaii Revised Statutes
TITLE 22. BANKS AND FINANCIAL INSTITUTIONS
412. Code of Financial Institutions
412:5A-206 Acceptance of deposits and reserves.


HI Rev Stat § 412:5A-206 (2012) What's This?

Note

Part heading amended by L 1996, c 155, §4.

§412:5A-206 Acceptance of deposits and reserves. An international banking corporation may only accept deposits subject to the provisions of this article. Whenever an international banking corporation receives deposits in the United States, as may be authorized by this section, it shall carry reserves in such amounts as the commissioner may prescribe, but in no event less than ten per cent of its total deposits in the United States. [L 1993, c 350, pt of §1]

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