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HRS §488-6

Where prepaid legal plans can invest their money

This section says that a prepaid legal service plan that promises to pay $25 or more per year for legal services must invest its money only in the same ways allowed for domestic insurance companies and societies under state insurance laws. It makes those investment rules apply to these plans.

everyone

The statute, as written — Investments of certain plans

No plan promising or offering to pay for legal services in an amount equal to or in excess of $25 a year shall invest any of its assets other than as authorized and provided for in respect to domestic insurance companies and societies under chapters 431 and 432, which provisions are hereby extended to and made applicable to prepaid legal service plans.
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.