HAR §16-170-1.5
HAR §16-170-1.5. Definitions
Cite as Haw. Code R. § 16-170-1.5
As used in this chapter:
"Material transaction" means an insurer's acquisition or disposition of
assets or the nonrenewal, cancellation, or revision of a ceded reinsurance
agreement or a new ceded reinsurance agreement affecting in force life
insurance business. A material transaction subject to the reporting requirements
is identified in sections 16-170-2 and 16-170-3. [Eff and comp 02/20/09] (Auth:
HRS §§431:2-201, 431:2-209, 431:5-401) (Imp: HRS §§431:2-201, 431:3-301;
431:3-302, 431:5-401)