Hawaii Revised Statutes 412:13-206 – Application fees
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Hawaii Revised Statutes 412:13-206
- Agency: when used in reference to an office of a foreign bank, shall have the same meaning as is set forth in section 1(b)(1) of the federal International Banking Act (12 U. See Hawaii Revised Statutes 412:13-102
- Bank: means any bank as defined in: section 2(c) of the Bank Holding Company Act (12 U. See Hawaii Revised Statutes 412:13-102
- Branch: when used in reference to an office of a foreign bank, has the same meaning as is set forth in section 1(b)(3) of the federal International Banking Act (12 U. See Hawaii Revised Statutes 412:13-102
- Commissioner: means the commissioner of financial institutions of this State. See Hawaii Revised Statutes 412:1-109
- Foreign bank: means any company organized under the laws of a foreign country, a territory of the United States, Puerto Rico, Guam, American Samoa, or the Virgin Islands, that engages directly in the business of banking. See Hawaii Revised Statutes 412:13-102
Upon applying to the commissioner under this article for an initial license to establish and maintain a Hawaii state branch or Hawaii state agency, a foreign bank shall pay to the commissioner an application fee of $9,000 or a greater amount as the commissioner shall establish by rule pursuant to chapter 91. For an application to establish additional branches or agencies, the foreign bank shall pay an application fee of $1,500 or a greater amount as may be established by rule. For an application to amend a license, the foreign bank shall pay an application fee of $1,500 or a greater amount as may be established by rule. All application fees shall be nonrefundable.