HAR §16-26-18. Newly chartered or licensed institutions

Each newly chartered or licensed institution shall be examined within the first twelve months of operation. In addition, as time and resources of the division allow, at least one visitation is to be performed within the first sixty days and one hundred-twenty days, respectively. Subsequent to the first examination and through the third year of operation, at least one visitation shall be performed in each twelve-month period during which an examination is not conducted. [Eff 8/13/87; am and comp 1/27/01] (Auth: HRS §§412:2-107, 412:2-200) (Imp: HRS §§412:2-100, 412:2-200, 412:2-201, 412:12-108, 412:13-223)