{"data":{"id":"us-hi/haw.-rev.-stat.-431-6-404","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 431:6-404","heading":"Authorization of investments.","body":"No investment, loan, sale, or exchange, except a loan upon a life insurance policy, shall be made by any domestic insurer unless authorized or approved by its board of directors or by a committee charged by the board of directors, or the bylaws with the duty of making such investment, loan, sale, or exchange. The minutes of any such committee shall be recorded and reports shall be submitted to the board of directors for approval or disapproval.","path":["Hawaii Code","Division 2","Title 24","Chapter 431"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol09_Ch0431-0435H/HRS0431/HRS_0431-0006-0404.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"bdb1163d70b48d734971265dc19c8dea71b26729b09e114f9a3823c649390d10","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-431-6-403","next":"us-hi/haw.-rev.-stat.-431-6-602"},"notice":"GroundRules: Original legal text. Not legal advice."}