Hawaii Revised Statutes 481r. Vehicle Protection Product Warrantors

• 481r-1 Definitions.
  As used in this chapter: "Commissioner" means the insurance commissioner. "Consumer" means a person in this State who purchases or otherwise possesses a vehicle...
• 481r-2 Applicability of Chapter.
  (a) This chapter shall apply only to vehicle protection products delivered to consumers in the State of Hawaii, the warranties of which require the...
• 481r-3 Powers and Duties of the Commissioner.
  (a) The commissioner may adopt rules under chapter 91 as necessary to implement this chapter. (b) The commissioner may conduct investigations of warrantors or...
• 481r-4 Registration Requirements; Exemptions.
  (a) Before conducting business in this State or issuing any warranty, a warrantor shall register with the commissioner on a form prescribed by the...
• 481r-5 Financial Security Requirements.
  (a) To ensure the adequate performance of a warrantor's obligations to a consumer, each warrantor shall comply with financial security requirements by insuring each...
• 481r-6 Reimbursement Insurance Policy.
  (a) In order for a warrantor to comply with section 481R-5(a), the warrantor's insurance policy shall state that: (1) The insurer that issued the policy...
• 481r-7 General Warrantor Operation Requirements.
  (a) A warrantor may appoint a designee to be responsible for any or all of the administration of vehicle protection products and for compliance...
• 481r-8 Warrantor Records.
  (a) Each warrantor shall maintain accurate accounts, books, and other records regarding transactions regulated under this chapter. The warrantor's records shall include: (1) A...
• 481r-9 Required Disclosures.
  (a) Each vehicle protection product warranty marketed, sold, offered for sale, issued, made, proposed to be made, or administered in this State shall be written,...
• 481r-10 Cancellation of Warranty.
  (a) Each vehicle protection product warranty shall state the terms, restrictions, or conditions if any, governing cancellation of the warranty by the warrantor before...
• 481r-11 Limitations on Use of Warrantor's Name.
  (a) A warrantor shall not use: (1) In its name, the word "casualty", "surety", "insurance", or "mutual" or any other word descriptive of the casualty,...
• 481r-12 Prohibited Acts.
  (a) A warrantor or a warrantor's representative, in the warrantor's vehicle protection product warranty or in an advertisement or literature for the warranty, may...
• 481r-13 Enforcement.
  (a) The commissioner may take any action necessary or appropriate to enforce this chapter, and the rules adopted and orders issued hereunder, which is consistent...

Last modified: October 27, 2016