Terms Used In Hawaii Revised Statutes 431:6-320

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.

Upon approval of the commissioner and in compliance with § 431:6-104, an insurer may make any investment or kind of investment or exchange of assets otherwise prohibited or not eligible under this article. The commissioner’s order of approval, if granted, shall specify whether any part of the investment may be credited to required minimum capital or surplus investment, or to investment of reserves.