Haw. Code R. § 12-11-70 - Amount of securities or bond

The amount of securities or of the penal sum of the surety bond which a self-insurer is required to deposit pursuant to section 12-11-69 shall be determined by the director. The number of employees involved, the exposure, the financial standing of the applicant, and other factors which the director may deem proper shall be given effect in fixing the amount. In the director's discretion, a deposit in excess of the minimum under section 12-11-69 may be required.

Notes

Haw. Code R. § 12-11-70
[Eff 5/11/81] (Auth: HRS § 392-91) (Imp: HRS § 392-41)

State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.


No prior version found.