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]