Haw. Code R. § 14-51-62

Current through November, 2024
Section 14-51-62 - No diversion of assets

No amendment, suspension, or termination shall be made which would:

(1) cause or permit the assets of this plan to be used for any purpose other than the payment of eligible expenses; or
(2) Cause or permit the assets of this plan to inure (other than through payments made pursuant to this plan) to the benefit of any individual.

Haw. Code R. § 14-51-62

[Eff. DEC 15 1989] (Auth: SLH 1989, Act 63) (Imp: SLH 1989, Act 63)