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Haw. Rev. Stat. § 431:7-308

Dividends and substitutions

Known as the Insurance Code

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

L 1987, c 347, pt of §2

While solvent and complying with this part, an insurer shall be entitled:

(1) To collect and receive interest and dividends accruing on the securities so held on deposit for its account, and

(2) From time to time to exchange and substitute for any of such securities, other securities eligible for deposit and of at least equal value.

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