§435E-11 - Trust agreement, required. - Hawaii Statutes

PART II.  TRUST AGREEMENTS

 

     §435E-11  Trust agreement, required.  (a)  Each participating member shall enter into and, concurrently therewith, receive an executed copy of a trust agreement, which shall govern the collection and disposition of all funds of the interindemnity arrangement.

     (b)  The trust agreement shall, as a minimum, provide for meeting all requirements of this part. [L 1977, c 182, pt of §1]