A special purpose financial captive insurance company shall not be issued a license unless it possesses and thereafter maintains unimpaired capital and surplus of not less than $250,000 in the form of cash or other assets approved by the commissioner.
Haw. Rev. Stat. § 431:19-207
Minimum capital and surplus
Known as the Insurance Code
The act spans §§ 431–431 (1,434 sections).
L 2008, c 190, pt of §1
Official source: Hawaii State Legislature. Reproduced from public-domain Hawaii statutes; confirm against the official source for the current text. Not legal advice.