HRS §431:19-115.7
When insolvent captive insurers face other rules
This section says that a captive insurance company writing direct workers' compensation policies under chapter 386 may be subject to article 15 if it is considered insolvent. It only applies in that specific situation.
The statute, as written — Applicability of other laws to captive insurance companies writing direct workers' compensation insurance policies
Captive insurance companies writing direct workers' compensation insurance policies pursuant to chapter 386 may be subject to article 15 if the captive insurance company is deemed insolvent.
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