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2016 Hawaii Revised Statutes
TITLE 24. INSURANCE
431. Insurance Code
431:4-320 Lien on reserves.

HI Rev Stat § 431:4-320 (2016) What's This?

§431:4-320 Lien on reserves. As to life insurance, any portion of an assessment of contingent liability upon a policyholder which remains unpaid following notice of such assessment, demand for payment, and lapse of a reasonable waiting period as specified in such notice, may, if approved by the commissioner, be secured by placing a lien on the reserves held by the insurer to the credit of the policyholder. [L 1987, c 347, pt of §2]

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