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.
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