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2015 Hawaii Revised Statutes
TITLE 24. INSURANCE
431. Insurance Code
431:7-308 Dividends and substitutions.

HI Rev Stat § 431:7-308 (2015) What's This?

§431:7-308 Dividends and substitutions. While solvent and complying with this part, an insurer shall be entitled:

(1) To collect and receive interest and dividends accruing on the securities so held on deposit for its account, and

(2) From time to time to exchange and substitute for any of such securities, other securities eligible for deposit and of at least equal value. [L 1987, c 347, pt of §2]

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