Hawaii Revised Statutes 431:7-308 Dividends and Substitutions.

§431:7-308 Dividends and substitutions. While solvent and complying with this part, an insurer shall be entitled:

(1) To collect and receive interest and dividends accruing on the securities so held on deposit for its account, and

(2) From time to time to exchange and substitute for any of such securities, other securities eligible for deposit and of at least equal value. [L 1987, c 347, pt of §2]

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Last modified: October 27, 2016