HRS §287-36
Using cash or bonds to prove financial responsibility
This section lets a person prove financial responsibility by depositing $25,000 in cash or bonds with the administrator. The administrator will only accept the deposit if the person has no unpaid court judgments in their county. The deposit is held to pay certain motor vehicle accident judgments, but not for other debts.
everyone
The statute, as written — Money or bonds as proof
(a) Proof of financial responsibility may be evidenced by the certificate of the administrator that the person named therein has deposited with the administrator $25,000 in cash or bonds. The administrator shall not accept any such deposit and issue a certificate therefor unless accompanied by evidence that there are no unsatisfied judgments of any character against the depositor in the county where the depositor resides. (b) The deposit shall be held by the administrator to satisfy, in accordance with this chapter any execution on a judgment issued against such person making the deposit, for damages, including damages for care and loss of services, because of bodily injury to or death of any person, or for damages because of injury to or destruction of property, including the loss of use thereof, resulting from the ownership, maintenance, use, or operation of a motor vehicle after the deposit was made. Money or bonds so deposited shall not be subject to attachment or execution unless the attachment or execution arises out of a suit for damages as aforesaid.
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