§41D-8.5 - Insurance for indemnification. - Hawaii Statutes

     §41D-8.5  Insurance for indemnification.  The comptroller may:

     (1)  Obtain sufficient loss insurance to cover the liability of the State that may arise from indemnity provisions agreed to pursuant to section 29-15.5;

     (2)  Obtain sufficient loss insurance to indemnify, defend, and hold harmless a county providing assistance, services, rights, or permission to use county property to a state agency under an indemnity agreement provision pursuant to section 46-71.5; and

     (3)  Obtain appropriate and sufficient reinsurance to cover the liability of a captive insurance company established pursuant to section 41D-2. [L 1997, c 168, §2; am L 2000, c 132, §4; am L 2007, c 152, §11]