HRS §431:19-207
Minimum money required for a special purpose captive insurer
A special purpose financial captive insurance company must have at least $250,000 in cash or other approved assets before it can get a license, and it must keep that amount. This money must be unencumbered and available.
financial institutions
The statute, as written — Minimum capital and surplus
A special purpose financial captive insurance company shall not be issued a license unless it possesses and thereafter maintains unimpaired capital and surplus of not less than $250,000 in the form of cash or other assets approved by the commissioner.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.