Statutes, codes, and regulations
Hawaii Revised Statutes
Division 2 - BUSINESSTitle 22 - BANKS AND FINANCIAL INSTITUTIONSChapter 412 - CODE OF FINANCIAL INSTITUTIONSArticle 2 - DIVISION OF FINANCIAL INSTITUTIONS
Part V - SUPERVISED ACQUISITION OF FINANCIAL INSTITUTIONS
Section 412:2-505 - Waiver of statewide concentration limits under the Bank Holding Company Act of 1956, as amended

Haw. Rev. Stat. § 412:2-505

Download
PDF
Current through the 2024 Legislative Session
Section 412:2-505 - Waiver of statewide concentration limits under the Bank Holding Company Act of 1956, as amended

If the commissioner finds that waiver of the statewide concentration limits under section 3(d) of the Bank Holding Company Act of 1956, as amended, is necessary to prevent probable failure of the Hawaii financial institution, the commissioner shall have the power to issue a waiver of those statewide concentration limits.

HRS § 412:2-505

L 1993, c 350, pt of §1; am L 1995, c 33, §2