PART III. HAWAII BRANCHES OF OUT-OF-STATE FOREIGN BANKS

 

[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. [L 1996, c 155, pt of 2]

 

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