HRS §41D-8.5
State insurance for indemnity agreements
This section lets the state comptroller buy insurance to cover the state's liability from certain indemnity agreements, to protect counties that help state agencies, and to get reinsurance for a captive insurance company. It only gives permission to buy insurance; it does not require it.
countiesstate agencies
The statute, as written — Insurance for indemnification
The comptroller may: (1) Obtain sufficient loss insurance to cover the liability of the State that may arise from indemnity provisions agreed to pursuant to section 29-15.5; (2) Obtain sufficient loss insurance to indemnify, defend, and hold harmless a county providing assistance, services, rights, or permission to use county property to a state agency under an indemnity agreement provision pursuant to section 46-71.5; and (3) Obtain appropriate and sufficient reinsurance to cover the liability of a captive insurance company established pursuant to section 41D-2.
Sections this one refers to
§29-15.5 When the State can agree to protect federal agencies
§46-71.5 When the state can promise to cover county losses
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.