{"data":{"id":"us-hi/haw.-rev.-stat.-412-5a-203","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 412:5A-203","heading":"Paid-in capital and surplus.","body":"Every international banking corporation shall at all times have paid-in capital and surplus in such amounts as shall be established for all international banking corporations by rule by the commissioner; provided, that:\n\n(1) Paid-in capital shall at no time be less than $750,000, except that upon receiving its approval the international banking corporation need have only twenty-five per cent of the required capital paid-in, and the remainder may be paid up in installments of at least ten per cent of total required capital every two months thereafter; and\n\n(2) The minimum required surplus shall be twenty per cent of capital and need not be paid in or accumulated unless and until the international banking corporation has declared a dividend, whereupon at least ten per cent of its net profits shall be paid to surplus until the required minimum surplus has been fully paid up.","path":["Hawaii Code","Division 2","Title 22","Chapter 412"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol08_Ch0401-0429/HRS0412/HRS_0412-0005A-0203.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"35a59e6a0b08f9bf0d291dc17f1bf8af32c15ff6ed8d499985fcdfa3ca8bdb4f","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-412-5a-202","next":"us-hi/haw.-rev.-stat.-412-5a-204"},"notice":"GroundRules: Original legal text. Not legal advice."}