Hawaii Administrative Rules
Title 12 - DEPARTMENT OF LABOR AND INDUSTRIAL RELATIONS
Chapter 11 - TEMPORARY DISABILITY INSURANCE
Subchapter 5 - REQUIREMENTS FOR SELF-INSURED COVERAGE
Section 12-11-70 - Amount of securities or bond
Universal Citation: HI Admin Rules 12-11-70
Current through August, 2024
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.
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