Hawaii Revised Statutes 663-10.98 – Design professional liability; highways
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Terms Used In Hawaii Revised Statutes 663-10.98
- Contract: A legal written agreement that becomes binding when signed.
- Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
“Available policy limits” means the remaining occurrence or aggregate policy limits available after reduction for prior claim payments made under the applicable professional liability insurance policy.
“Contract amount” means the maximum charges permitted under the contract; provided that if two or more design professional firms share in a contract, the contract amount shall be the share of maximum charges permitted for the design professional against which the claim is asserted.
“Design professional” means a professional engineer, architect, surveyor, or landscape architect licensed under chapter 464.