§431:7-306 - Director may designate depositary. - Hawaii Statutes

     §431:7-306  Director may designate depositary.  At the request of an insurer, the director of finance may designate any solvent trust company or other solvent financial institution having trust powers, domiciled in the United States, as the director's depositary to receive and hold any such deposit.  Any deposit so held shall be at the expense of the insurer. [L 1987, c 347, pt of §2]