(a) A warrantor shall not use:

Terms Used In Hawaii Revised Statutes 481R-11

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Warrantor: means a person named under the terms of a vehicle protection product warranty as the contractual obligor to the consumer. See Hawaii Revised Statutes 481R-1
(1) In its name, the word “casualty”, “surety”, “insurance”, or “mutual” or any other word descriptive of the casualty, insurance, or surety business; or
(2) A name deceptively similar to the name or description of any insurance company, surety corporation, or other warrantor.
(b) A warrantor may use the word “guaranty” or a similar word in the warrantor’s name.

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