HRS §435E-29

How members can end the shared insurance agreement

Read the official text at capitol.hawaii.gov ↗

This section says the shared insurance agreement and its reserve trust fund can be ended at any time if at least three-fourths of the participating members vote for it or agree in writing.

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The statute, as written — Termination

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.

The interindemnity arrangement, and the reserve trust fund incident thereto, shall be subject to termination at any time by the vote or written consent of not less than three-fourths of the participating members.

Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

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