HRS §431:15-408

Freezing insurer assets during liquidation is banned

Read the official text at capitol.hawaii.gov ↗

While an insurance company is being liquidated in Hawaii or another state, no one can start or continue a court action to seize the company's money or property in Hawaii. This rule protects the insurer's assets during the liquidation process.

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The statute, as written — Attachment, garnishment and levy of execution

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.

During the pendency in this or any other state of a liquidation proceeding, whether called by that name or not, no action or proceeding in the nature of an attachment, garnishment or levy of execution shall be commenced or maintained in this State against the delinquent insurer or its assets.

Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.