HRS §412:5A-209
Rules on buying stock in competing banks
Read the official text at capitol.hawaii.gov ↗This section stops an international banking corporation from buying or holding stock in another international bank or similar corporation if doing so would greatly reduce competition or create a monopoly in the United States. It is a narrow rule about preventing unfair market control.
financial institutions
The statute, as written — Acquisition of stock in competing corporation
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.
No international banking corporation shall purchase, own, or hold stock or certificates of ownership in any other international banking corporation or any Edge corporation or similar corporation organized under the laws of the United States or any state if the effect within the United States of such purchase, ownership, or holding may be substantially to lessen competition or tend to create a monopoly or restraint of trade.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.