Purpose and scope

HRS §431:3G-101, under Chapter 431.

HRS §431:3G-101

[ARTICLE 3G]

CORPORATE GOVERNANCE ANNUAL DISCLOSURE

[§431:3G-101] Purpose and scope. (a) The purpose of this article is to:

(b) Nothing in this article shall be construed to prescribe or impose corporate governance standards and internal procedures beyond those required under applicable state corporate law. Notwithstanding the foregoing, nothing in this article shall be construed to limit the commissioner's authority, or the rights or obligations of third parties, under sections 431:2-303 and 431:11-107.

(c) The requirements of this article shall apply to all insurers domiciled in this State. [L 2019, c 71, pt of §1]