[§412:12-106]  No concentration limit under
Hawaii state law; waiver of federal concentration limits.  (a)  There shall
be no state deposit cap or concentration limit under the law of this State.



(b)  The commissioner may waive, on a
case-by-case basis, the federal statewide concentration limits under section
44(b) of the Federal Deposit Insurance Act; provided that the commissioner
shall apply a standard that does not discriminate against out-of-state banks. 
In granting a waiver, the commissioner shall consider whether the waiver
promotes the availability of financial services, the marketability of Hawaii
banks, or another public interest.  This section shall not affect the
applicability, if any, of federal or state antitrust law. [L 1996, c 155, pt of
§1]