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Form a Business

Acceptance of deposits and reserves

HRS §412:5A-206
in effect
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412:5A-206. 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. [L 1993, c 350, pt of §1]
Source: Hawaii State Legislature (capitol.hawaii.gov), via Internet Archive capturesURL: https://www.capitol.hawaii.gov/hrscurrent/Vol08_Ch0401-0429/HRS0412/HRS_0412-0005A-0206.htmFetched: 11/10/2026

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