An insurer may loan upon a life insurance policy, as collateral security, any sum not exceeding the cash surrender value of the policy.
Haw. Rev. Stat. § 431:6-314
Policy loans
Known as the Insurance Code
The act spans §§ 431–431 (1,434 sections).
L 1987, c 347, pt of §2
Official source: Hawaii State Legislature. Reproduced from public-domain Hawaii statutes; confirm against the official source for the current text. Not legal advice.