Hawaii Revised Statutes 431:19-207 – Minimum capital and surplus
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Terms Used In Hawaii Revised Statutes 431:19-207
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
A special purpose financial captive insurance company shall not be issued a license unless it possesses and thereafter maintains unimpaired capital and surplus of not less than $250,000 in the form of cash or other assets approved by the commissioner.