2013 Hawaii Revised Statutes
TITLE 24. INSURANCE
431. Insurance Code
431:21-115 Credits for assessments paid.
Cross References
Hawaii hurricane relief fund, see chapter 431P.
§431:21-115 Credits for assessments paid. A member insurer may offset against its premium tax liability to this State an assessment made with the commissioner's approval to the extent of twenty per cent of the amount of the assessment for each of the five calendar years following the year in which the assessment was paid. In the event a member insurer should cease doing business in this State, all uncredited assessments may be credited against its premium tax liability for the year it ceases doing business. [L 1991, c 284, pt of §2]
Disclaimer: These codes may not be the most recent version. Hawaii may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
