[§412:13-207]  No concurrent maintenance offederal branches or agencies.  (a)  No foreign bank that is licensed underthis article to establish and maintain a Hawaii state branch or Hawaii stateagency shall concurrently maintain a federal branch or federal agency in thisState.

(b)  No foreign bank that maintains a federalbranch or federal agency in this State shall concurrently be licensed underthis article to maintain a Hawaii state branch or Hawaii state agency. [L 1996,c 155, pt of §2]