GroundRules
← Search the law
Hawaii · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Haw. Rev. Stat. § 431:7-310: Voluntary excess deposit.

Read at publisher ↗
Where this section sits in the code
  1. Hawaii Code
  2. Division 2
  3. Title 24
  4. Chapter 431

An insurer may deposit and maintain on deposit with the director of finance through the commissioner funds and eligible securities in amount exceeding its required deposit under this part by not more than $100,000 for the purpose of absorbing fluctuations in the value of securities held in its required deposit, and to facilitate the exchange and substitution of such required securities. During the solvency of the insurer, any such excess deposit, or any part thereof, shall be released to it upon its request. During the insolvency of the insurer, such excess deposit shall be released only as provided in section 431:7-309.

Collected 2026-09-14T18:32:11Z. Source file · JSON

Browse this collection