← Back to search

HRS §412:5A-206

Rules for accepting deposits and holding reserves

An international banking corporation can only take deposits if it follows this law. When it takes deposits in the U.S., it must keep reserve money as the commissioner requires, but at least 10% of its total U.S. deposits.

financial institutions

The statute, as written — Acceptance of deposits and reserves

An international banking corporation may only accept deposits subject to the provisions of this article. Whenever an international banking corporation receives deposits in the United States, as may be authorized by this section, it shall carry reserves in such amounts as the commissioner may prescribe, but in no event less than ten per cent of its total deposits in the United States.
Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.