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2016 Hawaii Revised Statutes
TITLE 24. INSURANCE
431. Insurance Code
431:10C-604 Issuance of certificate of self-insurance.

HI Rev Stat § 431:10C-604 (2016) What's This?

[§431:10C-604] Issuance of certificate of self-insurance. The commissioner shall issue a certificate of self-insurance if:

(1) The applicant has provided the bond, cash, or securities and proof of qualification as a self-insurer affording security substantially equivalent to that afforded under a motor vehicle insurance policy; and

(2) The commissioner is satisfied that in case of injury, death, or property damage, any claimant would have the same rights against the self-insurer as the claimant would have had if a motor vehicle insurance policy was applicable. [L 2000, c 24, pt of §3]

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