Hawaii Revised Statutes 431:4-320 Lien on Reserves.

§431:4-320 Lien on reserves. As to life insurance, any portion of an assessment of contingent liability upon a policyholder which remains unpaid following notice of such assessment, demand for payment, and lapse of a reasonable waiting period as specified in such notice, may, if approved by the commissioner, be secured by placing a lien on the reserves held by the insurer to the credit of the policyholder. [L 1987, c 347, pt of §2]

Section: Previous  431-4-313  431-4-314  431-4-315  431-4-316  431-4-317  431-4-318  431-4-319  431-4-320  431-4-321  431-4-322  431-4-323  431-4-324  431-4-325  431-4-326  431-4-401  Next

Last modified: October 27, 2016