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2015 Hawaii Revised Statutes
TITLE 24. INSURANCE
431. Insurance Code
431:30-121 Dissolution of compact.

HI Rev Stat § 431:30-121 (2015) What's This?

[§431:30-121] Dissolution of compact. (a) The compact dissolves effective upon the date of the withdrawal or default of the compacting state that reduces membership in the compact to one compacting state.

(b) Upon the dissolution of this compact, the compact shall be void and shall be of no further effect, the business and affairs of the commission shall be wound up, and any surplus funds shall be distributed in accordance with the bylaws. [L 2004, c 104, pt of §2]

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