HRS §412:2-505
Waiving bank concentration limits to prevent failure
Read the official text at capitol.hawaii.gov ↗If a Hawaii financial institution is likely to fail, the state banking commissioner can waive the statewide concentration limits that normally apply. This waiver is allowed only when needed to prevent that failure. The commissioner has the power to issue such a waiver.
financial institutionsstate agencies
The statute, as written — Waiver of statewide concentration limits under the Bank Holding Company Act of 1956, as amended
A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.
If the commissioner finds that waiver of the statewide concentration limits under section 3(d) of the Bank Holding Company Act of 1956, as amended, is necessary to prevent probable failure of the Hawaii financial institution, the commissioner shall have the power to issue a waiver of those statewide concentration limits.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.