HRS §431:19-207
Minimum money required for a special purpose captive insurer
Read the official text at capitol.hawaii.gov ↗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 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.
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.