HRS §431:7-302
Holding insurer deposits in trust for protection
This section says that any deposit an insurer makes must be held by the director of finance in trust. The purpose is to protect policyholders, people owed money, and creditors in the United States. It does not set any other rules or deadlines.
The statute, as written — Purpose of deposit
Each deposit shall be held by the director of finance in trust for the protection of all policyholders, obligees, or creditors in the United States of the insurer making it.
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