HAR §16-106-41. Beneficiary of bond

Any bond required under this chapter shall inure to the benefit of purchasers who suffer loss as a result of any violations, defalcations, or default described in section 514E-10(b) and (d), HRS, or any rule adopted pursuant thereto. [Eff 11/15/80; am and comp 3/28/85; am and comp 8/30/85; comp 11/29/85; comp 6/5/87; comp 3/7/88; comp 9/15/90] (Auth: HRS §514E-13) (Imp: HRS §514E-10)