§431:8-316 - Penalty for failure to file statement or remit tax. - Hawaii Statutes

     §431:8-316  Penalty for failure to file statement or remit tax.  (a)  If any surplus lines broker fails to:

     (1)  File an annual statement; or

     (2)  Pay the premium tax required by section 431:8-315 when the tax is due,

the surplus lines broker may be liable for a fine of up to $25 for each day of delinquency.

     (b)  The commissioner may:

     (1)  Collect the premium tax required by section 431:8-315 by distraint;

     (2)  Recover the premium tax required by section 431:8-315 and fine for failure to pay the premium tax by instituting an action in any court of competent jurisdiction; or

     (3)  Recover the fine for failure to file the annual statement by instituting an action in any court of competent jurisdiction. [L 1987, c 347, pt of §2; am L 2003, c 212, §49; am L 2006, c 154, §11]