Haw. Rev. Stat. § 431:4-313

Directors

Known as the Insurance Code

The act spans §§ 431–431 (1,434 sections).

L 1987, c 347, pt of §2

(a) No individual shall be a director of a domestic mutual insurer by reason of the individual's holding public office (i.e. ex officio).

(b) An individual is disqualified from being or acting as a director if such person:

(1) Is adjudged as a bankrupt;

(2) Took the benefit of any insolvency law; or

(3) Made a general assignment for the benefit of creditors.

Official source: Hawaii State Legislature. Reproduced from public-domain Hawaii statutes; confirm against the official source for the current text. Not legal advice.