Chapter 431P — Chapter 431P
4 sections in this chapter.
HRS §431P-1 Definitions
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PART I. GENERAL PROVISIONS §431P-1 Definitions. As used in this chapter, unless the context otherwise requires: "Board" means the board of directors of the Hawaii hurricane relief fund. "Commissioner" means the insurance commissioner as defined in section 431:2-102. "Companion po…
HRS §431P-16 Establishment of trust funds
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§431P-16 Establishment of trust funds. (a) The fund shall establish outside the state treasury a hurricane reserve trust fund and any accounts thereunder and any other trust fund or account necessary to carry out the purposes of this chapter. Moneys deposited in the hurricane res…
HRS §431P-16.5 Immunity
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§431P-16.5 Immunity. There shall be no cause of action, claim for damages or relief, charge, or any other liability of any kind whatsoever created against the State, the Hawaii hurricane relief fund, the commissioner, or their respective agents, employees, or board, by, or relati…
HRS §431P-5.5 Accumulation of $500,000,000 in funds and commitments
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§431P-5.5 Accumulation of $500,000,000 in funds and commitments. (a) Upon written confirmation from the commissioner that the director has secured $500,000,000, in the aggregate, in the form of: the Hawaii hurricane relief fund shall control or freeze rates and continue accumulat…