{"data":{"id":"us-hi/haw.-rev.-stat.-431-4-307","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 431:4-307","heading":"Mutual accident and health or sickness insurer.","body":"(a) When applying for a certificate of authority, a domestic mutual accident and health or sickness insurer shall:\n\n(1) Have at least five hundred applications from at least five hundred persons for individual accident and health or sickness insurance providing not more than $1,000 of accidental death benefit and not more than $25 of weekly indemnity for each applicant;\n\n(2) Have collected from each applicant the proper premium for one year, and have so received from all applicants premiums aggregating at least $25,000; and\n\n(3) Have a surplus over all liabilities, as at completion of issuance of the insurance contracts so applied for, amounting to not less than $450,000.\n\n(b) In lieu of the applications, premiums, and surplus, it is required to have a surplus amounting to not less than $675,000 over all liabilities.","path":["Hawaii Code","Division 2","Title 24","Chapter 431"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol09_Ch0431-0435H/HRS0431/HRS_0431-0004-0307.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"fb7b2015a697e48c4efda72ff84740fdc3f31b439ea2e453f921f20967f13483","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-431-4-306","next":"us-hi/haw.-rev.-stat.-431-4-308"},"notice":"GroundRules: Original legal text. Not legal advice."}