HRS §412:5A-206
Rules for accepting deposits and holding reserves
Read the official text at capitol.hawaii.gov ↗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
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.
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.
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