412:2-105 Fees. (a) The commissioner shall charge any financial institution examined by the commissioner or the commissioner's staff, an amount for travel, per diem, mileage, and other reasonable expenses incurred in connection with the examination.

(b) The commissioner shall bill the affected financial institution for expenses as soon as feasible after the close of the examination. The affected financial institution shall pay the division within thirty days following the billing. All such payments shall be deposited to the compliance resolution fund established pursuant to section 26-9(o). All disputes relating to these billings between the affected financial institution and the commissioner shall be resolved in accordance with the procedures for contested cases under chapter 91.

(c) A Hawaii financial institution that fails to make a payment required by this section shall be subject to an administrative fine of not more than $250 per day for each day it is in violation of this section, which fine, together with the amount due under this section, may be recovered pursuant to section 412:2-611, and shall be deposited into the compliance resolution fund established pursuant to section 26-9(o). [L 1993, c 350, pt of 1; am L Sp 1995, c 11, 9; am L 1999, c 129, 7; am L 2013, c 172, 11]

 

 

Previous Vol08_Ch0401-0429 Next