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Hawaii · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Haw. Rev. Stat. § 431C-50: Penalties.

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Where this section sits in the code
  1. HI Code
  2. Division 2
  3. Title 24
  4. Chapter 431C

(a) The commissioner may levy a civil penalty not exceeding $10,000 and the amount of the claim for each violation upon any person, including those persons and their employees licensed pursuant to this chapter, who is found to have committed a fraudulent life settlement act or violated any other provision of this chapter.

(b) The license of a person licensed under this chapter who commits a fraudulent life settlement act shall be revoked for a period of at least one year.

(c) The penalties under this chapter are cumulative and may be imposed in addition to any other penalties authorized by law.

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

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