Hawaii Revised Statutes 431:10d-115 Dealing in Dividends.

Cross References

Civil relief for state military forces, see chapter 657D.

Risk-based capital for insurers, see §§431:3-401 to 414.

PART I. INDIVIDUAL LIFE INSURANCE, ANNUITIES

AND PURE ENDOWMENT CONTRACTS

§431:10D-115 Dealing in dividends. No life insurer nor any of its representatives, producers, or affiliates, shall buy, take by assignment other than in connection with policy loans, or otherwise deal or traffic in any rights to dividends existing under participating life insurance policies issued by the insurer. [L 1987, c 347, pt of §2; am L 2002, c 155, §71]

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Last modified: October 27, 2016