HRS §421C-27
Bonding for managers who handle money
Read the official text at capitol.hawaii.gov ↗If a manager of an association handles $5,000 or more in funds or securities in a year, the association must buy a bond to protect against loss. The bond amount is set by the directors. The bylaws can also require bonds for other employees or officers.
condominium associations
The statute, as written — Bonding
A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.
Any individual acting as manager of an association and handling funds or securities amounting to $5,000 or more, in any one year, shall be covered by an adequate bond as determined by the directors and at the expense of the association. The bylaws may also provide for the bonding of other employees or officers.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.