§449-13 - Cancellation of bonds or insurance; withdrawal of deposits. - Hawaii Statutes

     §449-13  Cancellation of bonds or insurance; withdrawal of deposits.  None of the bonds or insurance or deposits in lieu thereof required by this chapter shall be cancelled or withdrawn as to future accruing liability except upon prior written notice to the commissioner: sixty days' notice for the bonds or deposits, and thirty days' notice for the insurance.  The license of any licensee shall be suspended upon cancellation of any bond or insurance or upon withdrawal of any deposit in lieu thereof. [L 1967, c 144, pt of §1; HRS §449-13; am L 1969, c 67, §1; am L 1970, c 72, §4; am L 1976, c 101, §2; am L 1985, c 269, §50]