HRS §431:6-305
Equipment trust investments
Read the official text at capitol.hawaii.gov ↗This section lets an insurance company put some of its money into equipment trust certificates or similar secured investments tied to transportation equipment in the U.S. The total invested this way cannot exceed 10% of the company's assets. It only covers this one investment rule.
businesses
The statute, as written — Equipment trust obligations
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.
An insurer may invest any of its funds, in an aggregate amount not exceeding ten per cent of its assets, in equipment trust obligations or certificates which are adequately secured, or in other adequately secured instruments evidencing an interest in transportation equipment wholly or in part within the United States and the right to receive determined portions of rental, purchase, or other fixed obligatory payments for the use or purchase of such transportation equipment.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.