§431P-15 Exemption from property and liability insurance guaranty association; insolvency of fund. Notwithstanding any other provision of law to the contrary, neither the fund nor its policyholders shall be subject to the provisions of, or be eligible for, the benefits provided in sections 431:16-101 to 117 inclusive. If the total amount available at any time to the fund is insufficient to make all necessary payments, the moneys available shall be prorated and the unpaid portion shall be paid as soon thereafter as moneys become available. [L 1993, c 339, pt of §2]
Structure Hawaii Revised Statutes
431P. Hawaii Hurricane Relief Fund
431P-2 Establishment of Hawaii hurricane relief fund.
431P-4 Planning and assessment functions of the fund; discretion to provide insurance.
431P-5 Powers, duties, and functions.
431P-5.5 Accumulation of $500,000,000 in funds and commitments.
431P-9 Powers of the commissioner.
431P-10 Coverage available from the fund; deductible.
431P-11 Underlying policy required; hurricane coverage shall be provided.
431P-14 Immunity and limitation on liability.
431P-15 Exemption from property and liability insurance guaranty association; insolvency of fund.