Articles of incorporation

HRS §431:4-104 — under Chapter 431.

HRS §431:4-104

§431:4-104 Articles of incorporation. (a) This section applies to insurers incorporated in this State.

(b) The incorporators shall be individuals who are United States citizens, and a majority of them shall be residents of this State. The number of incorporators shall be:

(c) After the articles of incorporation have been approved by the department of commerce and consumer affairs and by the commissioner, the original shall be filed with the department, one copy with the commissioner, and one copy retained by the insurer.

(d) The articles of incorporation shall state in addition to the requirements set forth in section 414-32: