§412:3-501  Authorized places of
business.  (a)  A Hawaii financial institution may conduct business at one
or more of the following places of business, to the extent authorized:



(1)  The principal office of a Hawaii financial
institution is the place of business that it designates as its executive
headquarters in this State.  A financial institution may, but need not, conduct
other businesses permitted under its charter or license at its principal
office; provided that for the purposes of this section, the terms
"principal office", "home office", and "main
office" are interchangeable;



(2)  A branch is a place of business open to the
public where a financial institution shall be authorized to conduct all
businesses permitted under its charter or license, except for the maintenance
of its executive headquarters;



(3)  An agency is a place of business open to the
public where a financial institution may conduct only specific businesses
approved by the commissioner in writing;



(4)  An automatic teller machine or ATM is a place of
business, either at a fixed location or mobile, consisting of an on-line or
off-line, staffed or unstaffed, electronic processing device, including
associated equipment and structures, that is situated at a premises separate
from a financial institution's principal office, branch, agency, or support
facility, at which deposits of cash or instruments, or cash disbursement
transactions between a person and one or more financial institutions are
accomplished, whether instantaneous or otherwise, through or by means of
electronic or automated signals or impulses including the human voice; provided
that it shall not mean a telephone or an electronic processing device situated
at or within the premises of a bank customer that is used only for transactions
between that customer and the financial institution.  The term does not include
merchant operated terminals and point of sale terminals; and



(5)  A support facility is a place of business that is
not generally open to the public, where a financial institution conducts
limited types of significant business operations of the financial institution,
including but not limited to data processing, clerical activities, and storage.



(b)  In addition to conducting business at a
place of business described in subsection (a), a Hawaii financial institution
may conduct business in any other manner or place necessary or convenient;
provided that deposits of cash or instruments shall not be received, checks,
negotiable orders of withdrawal or share drafts shall not be paid, and cash
shall not be disbursed, except at an authorized principal office, branch or
automatic teller machine or at any agency or support facility which has been
authorized by the commissioner to accept deposits or disburse cash. [L 1993, c 350,
pt of §1; gen ch 1993; am L 1994, c 107, §9]