HAR §14-51-62
HAR §14-51-62. No diversion of assets
Cite as Haw. Code R. § 14-51-62
No amendment, suspension, or termination shall be made which would:
(1) Cause or permit the assets of this plan to be used for any purpose other than the payment of eligible expenses; or
(2) Cause or permit the assets of this plan to inure (other than through payments made pursuant to this plan) to the benefit of any individual. [Eff. DEC 15 1989] (Auth: SLH 1989, Act 63) (Imp: SLH 1989, Act 63)