HRS §431:16-106
Creating the Hawaii insurance guaranty association
Read the official text at capitol.hawaii.gov ↗This section creates the Hawaii insurance guaranty association as a nonprofit group. All insurance companies that are member insurers must join and stay members to keep their license to sell insurance in Hawaii. The association works under a plan and is run by a board of directors.
The statute, as written — Creation of association
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.
There is created a nonprofit unincorporated legal entity to be known as the Hawaii insurance guaranty association. All insurers defined as member insurers in section 431:16-105 shall be and remain members of the association as a condition of their authority to transact the business of insurance in this State. The association shall perform its function under a plan of operation established and approved under section 431:16-109 and shall exercise its powers through a board of directors established under section 431:16-107.
Sections this one refers to
§431:16-105 Key terms used in this insurance part
§431:16-109 Plan of operation
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