Haw. Rev. Stat. § 431:7-308

Current through the 2024 Legislative Session

Section 431:7-308 - Dividends and substitutions

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

(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.

HRS § 431:7-308

L 1987, c 347, pt of §2