Haw. Rev. Stat. § 412:13-300

Current through Chapter 253 of the 2024 Legislative Session

Section 412:13-300 - Purposes

This part is generally intended to ensure that interstate state branches of out-of-state foreign banks may be established and operated in this State:

(1) To the extent consistent with the provisions of section 5 of the federal International Banking Act; and

(2) Under terms and conditions that are generally comparable to and no less favorable than those applicable to, the establishment of interstate federal branches in this State by out-of-state foreign banks.

HRS § 412:13-300

L 1996, c 155, pt of §2