(a) This article shall apply to domestic insurers only. Insurers shall invest in or loan their funds on the security of, and shall hold as assets, only eligible investments as prescribed in this article.
Terms Used In Hawaii Revised Statutes 431:6-103
Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
(b) The eligibility of an investment shall be determined as of the date of its making or acquisition.(c) Any limitation based upon the amount of the insurer’s assets or surplus shall relate to assets or surplus as shown by the insurer’s annual statement as of December 31 preceding date of investment.
