Hawaii Revised Statutes 431:7-308 – Dividends and substitutions

Current as of: 2024 | Check for updates | Other versions

While solvent and complying with this part, an insurer shall be entitled:

(1) To collect and receive interest and dividends accruing on the securities so held on deposit for its account, and

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(2) From time to time to exchange and substitute for any of such securities, other securities eligible for deposit and of at least equal value.

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