Hawaii Revised Statutes 323F-4.5 – Captive insurance board
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Hawaii Revised Statutes 323F-4.5
- Conviction: A judgement of guilt against a criminal defendant.
- Corporation: means the body corporate and politic known as the Hawaii health systems corporation. See Hawaii Revised Statutes 323F-1
- 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.
- Corporation board: means the board of directors of the corporation. See Hawaii Revised Statutes 323F-1
- Director: means the director of health. See Hawaii Revised Statutes 323F-1
- Ex officio: Literally, by virtue of one's office.
The director of health or the director’s designee and the insurance commissioner or the commissioner’s designee shall serve as ex officio, nonvoting members.
Any vacancy shall be filled in the same manner provided for the original appointments. The captive insurance board shall elect its own chair from among its members.
Filing nomination papers for elective office, appointment to elective office, or conviction of a felony consistent with section 831-3.1, shall automatically and immediately disqualify a board member from office.