HRS §41D-6
What happens if the state insurance fund runs out of money
If the state's insurance fund cannot pay its bills, the comptroller can ask the governor to move money from other state programs to cover the costs. The fund must pay back that money over time without interest. Or, the comptroller can close the fund and divide what's left among people who are owed money.
state agencies
The statute, as written — Fund advancement; dissolution
If the state risk management revolving fund should become financially incapable of meeting its obligations under this chapter, the comptroller, in the comptroller's discretion, may: (1) Request that the governor authorize the transfer of sufficient sums to meet the fund's obligations from whatever such savings as may be available from other current appropriation for any other state program. Money so advanced shall be repaid from the state risk management revolving fund in annual installments, without interest. The amount of installments shall be fixed by the director of finance at whatever amount as can reasonably be expected to liquidate indebtedness of the fund in not more than ten years; or (2) Dissolve the fund, prorating remaining assets of the fund among the claimants, giving priority to those claims as, in the comptroller's discretion, is appropriate.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.