[§412:13-210]  Separate assets.  (a) Each foreign bank that is licensed to establish and maintain a Hawaii statebranch or Hawaii state agency in this State shall keep the assets of itsbusiness in this State separate and apart from the assets of its businessoutside this State.

(b)  The creditors of a foreign bank arisingout of transactions with, and recorded on the books of, its Hawaii state branchor Hawaii state agency shall be entitled to absolute preference and priorityover the creditors of the foreign bank's offices located outside this Statewith respect to the assets of the foreign bank in this State. [L 1996, c 155,pt of §2]