§432G-3 Fiduciary responsibilities. (a) Any director, officer, employee, or partner of a dental insurer who receives, collects, disburses, or invests funds in connection with the activities of an organization shall be responsible for the funds in a fiduciary relationship to the organization.
(b) A dental insurer shall maintain in force a fidelity bond or fidelity insurance on employees, officers, directors, and partners subject to subsection (a) in an amount not less than $250,000 for each dental insurer or a maximum of $5,000,000 in aggregate maintained on behalf of dental insurers owned by a common parent corporation, or a sum as may be prescribed by the commissioner. [L 2013, c 191, pt of §1]
Structure Hawaii Revised Statutes
432G-2 Establishment of a dental insurer; certificate of authority.
432G-3 Fiduciary responsibilities.
432G-5 Information to subscribers.
432G-6 Protection against insolvency; net solvency report.
432G-7 Uncovered expenditures insolvency deposit.
432G-8 Reserve credit for reinsurance.
432G-10 Powers of insurers and hospital and medical service corporations.
432G-13 Suspension, revocation, or denial of certificate of authority.
432G-14 Summary orders and supervision.
432G-15 Administrative fines and enforcement.
432G-16 Statutory construction and relationship to other laws.
432G-17 Acquisition of control of or merger of a dental insurer.
432G-18 Federally funded programs; exemption.
432G-19 Coordination of benefits.
432G-20 Disclosure of dental care coverage and benefits.