Haw. Code R. § 16-25-10 - Applications by Hawaii financial institutions

(a) Unless otherwise provided, this chapter applies to the applications listed below to organize banks, savings banks, savings and loan associations, trust companies, and depository financial services loan companies. Application fees, if any, are designated.

(1) Application for preliminary approval to organize a Hawaii financial institution ($9,000);

(2) Application for approval of articles of incorporation and bylaws;

(3) Application for approval of capital stock solicitation; and

(4) Final application for charter or license.

(b) Unless otherwise provided, this chapter applies to the applications listed below from banks, savings banks, savings and loan associations, trust companies, and depository and nondepository financial services loan companies. Application fees, if any, are designated.

(1) Application to change a Hawaii financial institution's name;

(2) Application for approval to issue preferred stock by a Hawaii stock financial institution other than a nondepository financial services loan company (bank: $150; trust company: $150);

(3) Application by a Hawaii stock financial institution other than a nondepository financial services loan company to decrease its authorized capital stock or the par value of capital stock having par value, or to decrease its outstanding capital stock by the acquisition of its own shares (bank: $150; trust company: $150);

(4) Application to relocate a principal office, or to open or relocate a branch or agency (open bank in-state branch: $500; relocate bank principal office or in-state branch: $150; open bank out-of-state branch: $100; open savings and loan association branch: $500; relocate savings and loan association principal office or branch: $150; open financial services loan company branch: $500; relocate financial services loan company principal office or branch $50);

(5) Application for a certificate of good standing;

(6) Application for conversion from federal to comparable Hawaii financial institution (bank: $500; savings and loan association: $500);

(7) Application for conversion to another type of Hawaii financial institution (nondepository financial services loan company conversion to depository financial services loan company: $500);

(8) Application for a merger or consolidation involving a Hawaii financial institution (bank: $500; trust company: $500; savings and loan association: $500);

(9) Application for the merger of a Hawaii state bank with and into an out-of-state bank that will be the resulting bank pursuant to an interstate merger transaction ($9,000);

(10) Application for the merger or consolidation of financial institution holding companies;

(11) Application to acquire control of a Hawaii financial institution or financial institution holding company (savings and loan association: $500; financial services loan company: $500);

(12) Application to sell or acquire assets and transfer or assume liabilities (bank: $250; savings and loan association: $250);

(13) Application to expedite an application for conversion, merger, consolidation, acquisition, or assumption; and

(14) Application for approval to cease business.

Notes

Haw. Code R. § 16-25-10

[Eff 8/13/87; am and comp 1/27/01; comp 8/04/05] (Auth: HRS §§ 412:2-100, 412:2-105, 412:2-107, 412:3-102, 412:3-201, 412:3-210, 412:3-603) (Imp: HRS §§ 412:2-105, 412:2-503, 412:2-507, 412:2-508, 412:3-102, 412:3-201, 412:3-208, 412:3-210, 412:3-212, 412:3-402, 412:3-503, 412:3-505, 412:3-603, 412:3-607, 412:3-608, 412:3-609, 412:3-611, 412:3-612, 412:3-613, 412:3-616, 412:3-617, 412:12-102, 412:12-103, 412:12-104, 412:12-105, 412:12-107, 412:12-108)