Hawaii Administrative Rules
Title 14 - DEPARTMENT OF HUMAN RESOURCES DEVELOPMENT
Subtitle 5 - STATE OF HAWAII CAFETERIA PLAN
Chapter 51 - PREMIUM CONVERSION PLAN
Subchapter 6 - AMENDMENT AND TERMINATION
Section 14-51-62 - No diversion of assets
Universal Citation: HI Admin Rules 14-51-62
Current through August, 2024
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.
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