Current through November, 2024
Section 16-25-11 - Bank applications Unless otherwise provided, this chapter applies to the applications listed below. Application fees, if any, are designated.
(1) Application to acquire powers granted under federal law;(2) Application to acquire, establish, or hold the voting securities of an operating subsidiary;(3) Application to accept drafts or bills of exchange in excess of one hundred fifty per cent of capital and surplus;(4) Application to engage in trust business ($5,000);(5) Application to transact insurance business;(6) Application to engage in securities activities;(7) Application for authority to exercise additional powers;(8) Application by an intra-Pacific bank or intra-Pacific bank holding company to engage in business in Hawaii; and(9) Application for any other approval by the commissioner.[Eff 8/13/87; am and comp 1/27/01; comp 8/04/05] (Auth: HRS §§ 412:2-100, 412:2-105, 412:2-107) (Imp: HRS §§ 412:2-105, 412:5-201, 412:5-203, 412:5-204, 412:5-205, 412:5-205.5, 412:5-205.7, 412:5-302, 412:5-305, 412:5-401, 412:5-407, 412:12-108)