HRS §412:5A-207
Where an international banking corporation can deposit its funds
An international banking corporation can only deposit its money with a federal reserve bank or with another financial institution that its board of directors has officially chosen as a depository. This rule limits where such a bank may keep its funds.
financial institutions
The statute, as written — Deposit of corporate funds
No international banking corporation shall deposit its funds with another financial institution except in a federal reserve bank, unless the other financial institution has been designated a depository by the board of directors of the international banking corporation.
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