2012 Hawaii Revised Statutes
TITLE 24. INSURANCE
431. Insurance Code
431:20-111 Loans to officers, etc.
Case Notes
Mentioned: 74 H. 85, 839 P.2d 10.
§431:20-111 Loans to officers, etc. A title insurer shall not directly or indirectly make a loan from its assets to any of its officers, employees, or directors, or to any member of the family of any officer or director. Any officer, director, agent, or employee of any such insurer who knowingly consents to any violation of this section is guilty of a misdemeanor. [L 1987, c 347, pt of §2]
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