§287-5 Security required unless evidence of insurance. If twenty days after the receipt of a report of a motor vehicle accident within this State which has resulted in bodily injury or death or damage to property of any one person in excess of $3,000, the administrator does not have on file evidence satisfactory to the administrator that the person who would otherwise be required to file security under section 287-6 has been released from liability, or has been finally adjudicated not to be liable, or has executed a duly acknowledged written agreement providing for the payment of an agreed amount in installments with respect to all claims for injuries or damages resulting from the accident, the administrator shall determine the amount of security which is sufficient in the administrator's judgment to satisfy any judgment or judgments for damages resulting from the accident as may be recovered against each driver or owner. This section shall be applicable to each driver or owner notwithstanding that the administrator determines that the amount of security required hereunder shall as to any such driver or owner be less than $3,000. [L 1949, c 393, pt of §1; am L 1951, c 183, §1; RL 1955, §160-84; HRS §287-5; am L 1970, c 164, §3; am L 1977, c 23, §3; am L 1980, c 84, pt of §1; gen ch 1985; am L 1990, c 39, §2; am L 1995, c 216, §2]
Case Notes
Purpose of statute is to protect the injured members of the public. Where motorist involved in serious accident, financial responsibility law may restrict the motorist's use of public highways. 146 F. Supp. 729 (1956).
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.