Haw. Rev. Stat. § 431:3-220

Current through Act 47 of the 2024 Legislative Session

Section 431:3-220 - Revival

An insurer whose certificate of authority has been suspended, revoked, or refused may subsequently be authorized if:

(1) The grounds for the suspension, revocation, or refusal no longer exist and the insurer is otherwise fully qualified; and

(2) The insurer has reimbursed the commissioner for all reasonable and necessary expenses incurred by virtue of the suspension, revocation, or reinstatement of the certificate of authority.

HRS § 431:3-220

L 1987, c 347, pt of §2