HRS §431:21-118
Status of association policies
Read the official text at capitol.hawaii.gov ↗This section says that financial institutions must treat a policy from the association just like a policy from a regular insurance company licensed in Hawaii. It is a short rule about how these policies are viewed.
financial institutions
The statute, as written — Status of association policies
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.
All financial institutions shall consider a policy issued by the association to be the same as a similar policy issued by an insurer authorized to transact insurance in this State.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.