HAR §12-11-70
HAR §12-11-70. Amount of securities or bond
Cite as Haw. Code R. § 12-11-70
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.
[Eff 5/11/81] (Auth: HRS §392-91) (Imp: HRS §392-41)
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