Terms Used In Hawaii Revised Statutes 449-20

  • Branch office: means any location, separate from the principal place of business of the escrow depository, that is identified by any means to the public or customers as a location at which the licensee holds itself out as an escrow depository. See Hawaii Revised Statutes 449-1
  • Commissioner: means the commissioner of financial institutions of this State. See Hawaii Revised Statutes 449-1

No escrow depository may establish a branch office without first obtaining prior written approval from the commissioner. The application shall set forth the reasons for the branch office and other information that may be required by the commissioner.