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HRS §431:7-303

What can be deposited

Read the official text at capitol.hawaii.gov ↗

This section says that any deposit required from an insurer must be cash or certain securities. The securities must be ones the law already allows insurers to invest in, either public or corporate obligations. It is a narrow rule about what counts as an acceptable deposit.

everyone

The statute, as written — Securities eligible for deposit

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 deposits shall consist of cash or other assets comprised of securities which are eligible for the investment of the funds of insurers under section 431:6-301 representing public obligations, and section 431:6-302 representing corporate obligations.
Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

Sections this one refers to

§431:6-301 Public obligations

§431:6-302 When insurers can invest in other obligations

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.