§287-42 Self-insurers. (a) Any person in whose name more than twenty-five motor vehicles are registered may qualify as a self-insurer by obtaining a certificate of self-insurance issued by the administrator as provided in subsection (b) of this section.
(b) The administrator may, in the administrator's discretion, upon the application of such a person, issue a certificate of self-insurance when the administrator is satisfied that the person is possessed and will continue to be possessed of ability to pay judgments obtained against such person.
(c) Upon not less than five days' notice and a hearing pursuant to the notice, the administrator may upon reasonable grounds cancel a certificate of self-insurance. Failure to pay any judgment within thirty days after the judgment has become final shall constitute a reasonable ground for the cancellation of a certificate of self-insurance. [L 1949, c 393, pt of §1; RL 1955, §160-120; HRS §287-42; am L 1980, c 84, pt of §1; gen ch 1985]
Structure Hawaii Revised Statutes
Title 17. Motor and Other Vehicles
287. Motor Vehicle Safety Responsibility Act
287-2 Administrator to administer chapter; appeal to circuit court.
287-3 Furnishing of operating records.
287-4 Report required following accident.
287-5 Security required unless evidence of insurance.
287-8 Further exceptions to requirement of security.
287-10 Application to nonresidents and unlicensed drivers.
287-11 Form and amount of security.
287-12 Custody, disposition, and return of security.
287-14 Matters not to be evidence in civil court.
287-15 Report of nonpayment of judgments.
287-16 Suspension for nonpayment of judgment; exceptions.
287-17 Suspension to continue until judgments paid and proof given.
287-18 Payment sufficient to satisfy requirements.
287-19 Installment payment of judgment; default.
287-20 Proof of financial responsibility required upon conviction of certain offenses.
287-21 Alternate methods of giving proof.
287-22 Certificate of insurance as proof.
287-22.1 Certificate of insurance as proof; mandatory, when.
287-23 Certificate furnished by nonresident as proof.
287-24 Motor vehicle liability policy defined.
287-25 Owner's policy requirements.
287-26 Driver's policy requirements.
287-27 Contents of motor vehicle liability policy.
287-28 Liabilities which need not be covered.
287-29 General provisions governing liability policies.
287-30 Excess coverage permitted.
287-31 Reimbursement of insurer; proration of insurance.
287-32 Combining policies and issuing binders to meet requirements.
287-33 Notice of cancellation or termination of certified policy.
287-34 Chapter not to affect other policies.
287-36 Money or bonds as proof.
287-37 Owner may give proof for others.
287-39 Other proof may be required.
287-40 Duration of proof; when proof may be canceled or returned.
287-41 Surrender of license on violation.
287-46 Chapter supplemental to traffic ordinances and motor vehicle laws.
287-47 Other relief available.
287-48 Application of chapter to suspensions and revocations prior to January 1, 1950.