2013 Hawaii Revised Statutes
TITLE 24. INSURANCE
432. Benefit Societies
432:1-108 Fees.

Cross References

Assessments of health insurers, see §431:2-216.

PART I. GENERAL PROVISIONS

§432:1-108 Fees. (a) The commissioner shall collect, in advance, the following fees:

(1) Issuance of certificate of authority: $150;

(2) Organization of domestic mutual benefit societies:

(A) Filing of application and documents required for issuance of certificate of registration: $150; and

(B) Issuance of certificate of registration: $150; and

(3) For renewal of the certificate of authority: $150 per year.

(b) If the fee for the renewal of the certificate of authority is not paid before or on the renewal date, a penalty shall be imposed in the amount of fifty per cent of the fee. The commissioner shall provide notice in writing of the delinquency of renewal and the imposition of the authorized penalty. If the fee and the penalty are not paid within thirty days immediately following the date of the notice of delinquency, the commissioner may revoke the certificate of authority and may not reinstate the certificate of authority until the fee and penalty have been paid.

(c) All fees and penalties collected pursuant to this section and penalties collected pursuant to sections 432:1-105, 432:1-405, and 432:1-407 shall be deposited to the credit of the compliance resolution fund. [L 2012, c 251, §1]