Haw. Rev. Stat. § 431:19-307: Delinquency of sponsored captive insurance companies.
Where this section sits in the code
- Hawaii Code
- Division 2
- Title 24
- Chapter 431
In the case of a sponsored captive insurance company, article 15 shall apply; provided that:
(1) The assets of a protected cell may not be used to pay any expenses or claims other than those attributable to the protected cells; and
(2) Its capital and surplus shall at all times be available to pay any expenses of or claims against the sponsored captive insurance company.
Collected 2026-09-14T18:32:11Z. Source file · JSON