{"data":{"id":"us-hi/haw.-rev.-stat.-431-4-315","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 431:4-315","heading":"Violation of expense limitation.","body":"(a) The officers and directors of an insurer violating section 431:4-314 shall be jointly and severally liable to the insurer for any excess of expenses incurred.\n\n(b) For failure or refusal of the insurer to exercise reasonable diligence in enforcing such liability, the commissioner may:\n\n(1) Prosecute action thereon for the benefit of the insurer; and\n\n(2) Revoke the insurer's certificate of authority.","path":["Hawaii Code","Division 2","Title 24","Chapter 431"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol09_Ch0431-0435H/HRS0431/HRS_0431-0004-0315.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"c4f964cc913ba88db9024d5e91b881df760e121384175d87b6069f9e369fb250","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-431-4-314","next":"us-hi/haw.-rev.-stat.-431-4-316"},"notice":"GroundRules: Original legal text. Not legal advice."}