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2014 Hawaii Revised Statutes
TITLE 24. INSURANCE
431. Insurance Code
431:4-423 Share in savings.

HI Rev Stat § 431:4-423 (2014) What's This?

§431:4-423 Share in savings. A reciprocal insurer may from time to time return to its subscribers any savings or credits accruing to their accounts. Any such distribution shall not unfairly discriminate between classes of risks, or policies, or between subscribers, but the distribution may vary as to classes of subscribers, based upon the experience of the subscribers. [L 1987, c 347, pt of §2]

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