Haw. Rev. Stat. § 431:16-113: Prevention of insolvencies.
Where this section sits in the code
- Hawaii Code
- Division 2
- Title 24
- Chapter 431
To aid in the detection and prevention of insurer insolvencies:
(1) The board of directors, upon majority vote, may make recommendations to the commissioner on matters generally related to improving or enhancing regulation for solvency; and
(2) At the conclusion of any domestic insurer insolvency in which the association was obligated to pay covered claims, the board of directors may prepare a report on the history and causes of the insolvency, based on the information available to the association, and submit the report to the commissioner.
Collected 2026-09-14T18:32:11Z. Source file · JSON