HRS §435E-11
Trust agreement required for each member
Read the official text at capitol.hawaii.gov ↗Each participating member must sign a trust agreement and get a signed copy. This agreement controls how all funds of the interindemnity arrangement are collected and used. The agreement must meet all requirements of this part.
The statute, as written — Trust agreement, required
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) Each participating member shall enter into and, concurrently therewith, receive an executed copy of a trust agreement, which shall govern the collection and disposition of all funds of the interindemnity arrangement. (b) The trust agreement shall, as a minimum, provide for meeting all requirements of this part.
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