reglab/housing_qa huggingface dataset:
HI Rev Stat § 431:30-119 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:30-119 Withdrawal.

  §431:30-119 Withdrawal. (a) Once effective, the compact shall continue in force and remain binding upon each and every compacting state; provided that a compacting state may withdraw from the compact ("withdrawing state") by enacting a statute specifically repealing the statute that enacted the compact into law.  (b) The effective date of withdrawal is the effective date of the repealing statute. However, the withdrawal shall not apply to any product filings approved or self-certified, or any advertisement of such products, on the date the repealing statute becomes effective, except by mutual agreement of the commission and the withdrawing state, unless the approval is rescinded by the withdrawing state as provided in subsection (e).  (c) The commissioner of the withdrawing state shall immediately notify the management committee in writing upon the introduction of legislation repealing this compact in the withdrawing state.  (d) The commission shall notify the other compacting states of the introduction of legislation repealing the compact within ten days of its receipt of notice thereof.  (e) The withdrawing state shall be responsible for its share of obligations, duties, and liabilities incurred through the effective date of withdrawal, including any obligations, the performance of which extend beyond the effective date of withdrawal, except to the extent those obligations may have been released or relinquished by mutual agreement of the commission and the withdrawing state. The commission's approval of products and advertisement prior to the effective date of withdrawal shall continue to be effective and be given full force and effect in the withdrawing state unless formally rescinded by the withdrawing state in the same manner as provided by the laws of the withdrawing state for the prospective disapproval of products or advertisement previously approved under state law.  (f) Reinstatement following withdrawal of any compacting state shall occur upon the effective date of the withdrawing state's reenactment of the compact. [L 2004, c 104, pt of §2; am L 2005, c 132, §8]
HI Rev Stat § 431:30-120 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:30-120 Default.

  §431:30-120 Default. (a) If the commission determines that any compacting state has at any time defaulted ("defaulting state") in the performance of any of its obligations or responsibilities under this compact, the bylaws or duly adopted rules or operating procedures, then, after notice and hearing as set forth in the bylaws, all rights, privileges, and benefits conferred by this compact on such defaulting party shall be suspended from the effective date of default as fixed by the commission. The grounds for default include but are not limited to failure of a compacting state to perform such obligations or responsibilities, and any other grounds designated in commission rules. The commission shall immediately notify the defaulting state in writing of the defaulting state's suspension pending a cure of the default. The commission shall stipulate the conditions and the time period within which the defaulting state must cure its default. If the defaulting state fails to cure the default within the time period specified by the commission, the defaulting state shall be terminated from the compact and all rights, privileges, and benefits conferred by this compact shall be terminated from the effective date of termination.  (b) Product approvals by the commission or product self-certifications, or any other advertisement in connection with the product, that are in force on the effective date of termination shall remain in force in the defaulting state in the same manner as if the defaulting state had withdrawn voluntarily pursuant to section 431:30-119(a).  (c) Reinstatement following termination of any compacting state requires a reenactment of the compact by the state seeking reinstatement. [L 2004, c 104, pt of §2]
HI Rev Stat § 431:30-121 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:30-121 Dissolution of compact.

  §431:30-121 Dissolution of compact. (a) The compact dissolves effective upon the date of the withdrawal or default of the compacting state that reduces membership in the compact to one compacting state.  (b) Upon the dissolution of this compact, the compact shall be void and shall be of no further effect, the business and affairs of the commission shall be wound up, and any surplus funds shall be distributed in accordance with the bylaws. [L 2004, c 104, pt of §2]
HI Rev Stat § 431:30-122 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:30-122 Severability and construction.

  §431:30-122 Severability and construction. (a) The provisions of this compact shall be severable, and if any phrase, clause, sentence, or provision is deemed unenforceable, the remaining provisions of the compact shall be enforceable.  (b) The provisions of this compact shall be liberally construed to effectuate its purposes. [L 2004, c 104, pt of §2]
HI Rev Stat § 431:30-123 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:30-123 Other laws.

  §431:30-123 Other laws. (a) Nothing herein prevents the enforcement of any other law of a compacting state except as provided in subsection (b).  (b) For any product approved by or certified to the commission, the rules, uniform standards, and any other requirements of the commission shall constitute the exclusive provisions applicable to the content, approval, and certification of such products. For advertisement that is subject to the commission's authority, any rule, uniform standard, or other requirement of the commission that governs the content of the advertisement shall constitute the exclusive provision that a commissioner may apply to the content of the advertisement. Notwithstanding the foregoing, no action taken by the commission shall abrogate or restrict:  (1) The access of any person to state courts;  (2) Remedies available under state law related to breach of contract, tort, or other laws not specifically directed to the content of the product;  (3) State law relating to the construction of insurance contracts; or  (4) The authority of the attorney general of the state, including but not limited to maintaining any actions or proceedings as authorized by law.  (c) All insurance products filed with individual states shall be subject to the laws of those states. [L 2004, c 104, pt of §2]
HI Rev Stat § 431:30-124 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:30-124 Binding effect of the compact.

  §431:30-124 Binding effect of the compact. (a) All lawful actions of the commission, including all rules and operating procedures adopted by the commission, are binding upon the compacting states.  (b) All agreements between the commission and the compacting states are binding in accordance with their terms.  (c) Upon the request of a party to a conflict over the meaning or interpretation of commission actions, and upon a majority vote of the compacting states, the commission may issue advisory opinions regarding such meaning or interpretation.  (d) If any provision of this compact exceeds the constitutional limits imposed on the legislature of any compacting state, the obligations, duties, powers, or jurisdiction sought to be conferred by such provision upon the commission shall be ineffective as to such compacting state, and such obligations, duties, powers, or jurisdiction shall remain in the compacting state and shall be exercised by the agency thereof to which such obligations, duties, powers, or jurisdiction are delegated by law in effect at the time this compact becomes effective. [L 2004, c 104, pt of §2]
HI Rev Stat § 431:31-101 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:31-101 Definitions.

  §431:31-101 Definitions. For purposes of this article:  "Customer" means a person who purchases portable electronics or services.  "Enrolled customer" means a customer who elects coverage under a portable electronics insurance policy issued to a vendor of portable electronics.  "Location" means any physical location in the State or any website, call-center site, or similar location directed to residents of the State.  "Portable electronics" means electronic devices that are portable in nature, and the accessories and services related to the use of the device.  "Portable electronics insurance" means insurance providing coverage for the repair or replacement of portable electronics, which may provide coverage for portable electronics against any one or more of the following: loss, theft, inoperability due to mechanical failure, malfunction, damage, or other similar causes. The term does not include:  (1) A service contract, as defined by section 481X-2;  (2) A policy of insurance covering a seller's or manufacturer's obligations under a warranty; or  (3) A homeowner's, renter's, private passenger automobile, commercial multi-peril, or similar insurance policy.  "Portable electronics transaction" means:  (1) The sale or lease of portable electronics by a vendor to a customer; or  (2) The sale of a service related to the use of portable electronics by a vendor to a customer.  "Supervising entity" means a business entity that is a licensed insurer or insurance producer that is appointed or authorized by an insurer to supervise the administration of a portable electronics insurance program.  "Vendor" means a person in the business of directly or indirectly engaging in portable electronics transactions. [L 2012, c 321, pt of §1]
HI Rev Stat § 431:31-102 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:31-102 Licensure of vendors.

  §431:31-102 Licensure of vendors. (a) A vendor shall hold a limited lines license to sell or offer coverage under a policy of portable electronics insurance.  (b) A limited lines license issued under this section shall authorize any employee or authorized representative of the vendor to sell or offer coverage under a policy of portable electronics insurance to a customer at each location at which the vendor engages in portable electronics transactions.  (c) The supervising entity shall maintain a registry of vendor locations that are authorized to sell or solicit portable electronics insurance coverage in the State. Upon request by the commissioner and with ten days' notice to the supervising entity, the registry shall be open to inspection and examination by the commissioner during regular business hours of the supervising entity.  (d) Notwithstanding any law to the contrary, a license issued pursuant to this section shall authorize the licensee and its employees or authorized representatives to engage in the activities that are permitted in this section. [L 2012, c 321, pt of §1]
HI Rev Stat § 431:31-103 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:31-103 Requirements for sale of portable electronics insurance.

  §431:31-103 Requirements for sale of portable electronics insurance. (a) At every location at which portable electronics insurance is offered to customers, brochures or other written materials shall be made available to prospective customers. The brochures or other written materials shall:  (1) Disclose that portable electronics insurance may provide a duplication of coverage already provided by a customer's homeowner's insurance policy, renter's insurance policy, or other source of coverage;  (2) State that enrollment by the customer in a portable electronics insurance program is not required to purchase or lease portable electronics or services;  (3) Summarize the material terms of the insurance coverage, including:  (A) The identity of the insurer;  (B) The identity of the supervising entity;  (C) The amount of any applicable deductible and how it is to be paid;  (D) The benefits of the coverage; and  (E) The key terms and conditions of coverage, such as whether portable electronics may be repaired or replaced with a similar make and model reconditioned, or with non-original manufacturer parts or equipment;  (4) Summarize the process for filing a claim, including a description of how to return portable electronics and the maximum fee applicable if the customer fails to comply with any equipment-return requirements; and  (5) State that an enrolled customer may cancel enrollment for coverage under a portable electronics insurance policy at any time and the person paying the premium shall receive a refund of any applicable unearned premium.  (b) Portable electronics insurance may be offered on a month-to-month or other periodic basis as a group or master commercial inland marine policy issued to a vendor for its enrolled customers.  (c) Eligibility and underwriting standards for customers electing to enroll in coverage shall be established for each portable electronics insurance program. [L 2012, c 321, pt of §1]
HI Rev Stat § 431:31-104 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:31-104 Authority of vendors.

  §431:31-104 Authority of vendors. (a) The employees and authorized representatives of vendors may sell or offer portable electronics insurance to customers and shall not be subject to licensure as an insurance producer under this chapter, provided that:  (1) The vendor obtains a limited lines license to authorize its employees or authorized representatives to sell or offer portable electronics insurance pursuant to this section;  (2) The insurer issuing the portable electronics insurance either directly supervises or appoints a supervising entity to supervise the administration of a portable electronics insurance program, including development of a training program for employees and authorized representatives of the vendors. The training shall comply with the following:  (A) The training shall be delivered to employees and authorized representatives of a vendor who are directly engaged in the activity of selling or offering portable electronics insurance;  (B) The training may be provided in electronic form; provided that, if the training is conducted in an electronic form, the supervising entity shall implement a supplemental education program regarding the portable electronics insurance product that is conducted and overseen by a licensed employee of the supervising entity; and  (C) Each employee and authorized representative shall receive basic instruction about the portable electronics insurance offered to customers and the disclosures required under section 431:31-103; and  (3) No employee or authorized representative of a vendor shall advertise, represent, or otherwise portray the employee or representative as a non-limited lines licensed insurance producer.  (b) The charges for portable electronics insurance coverage may be billed and collected by the vendor. Any charge to the enrolled customer for coverage that is not included in the cost associated with the purchase or lease of portable electronics or related services shall be separately itemized on the enrolled customer's bill. If the portable electronics insurance coverage is included with the purchase or lease of portable electronics or related services, the vendor shall clearly and conspicuously disclose to the enrolled customer that the portable electronics insurance coverage is included with the purchase or lease of portable electronics or related services. Vendors billing and collecting the charges shall not be required to maintain the funds in a segregated account; provided that the vendor is authorized by the insurer to hold the funds in an alternative manner and remits the amounts to the supervising entity within sixty days of receipt. All funds received by a vendor from an enrolled customer for the sale of portable electronics insurance shall be considered funds held in trust by the vendor in a fiduciary capacity for the benefit of the insurer. Vendors may receive compensation for billing and collection services. [L 2012, c 321, pt of §1]
HI Rev Stat § 431:31-105 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:31-105 Sanctions for violations.

  §431:31-105 Sanctions for violations. The vendor or its employee or authorized representative shall be subject to sanctions pursuant to this chapter for the violation of any provision of this chapter. [L 2012, c 321, pt of §1]
HI Rev Stat § 431:31-107 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:31-107 Application for license and fees.

  §431:31-107 Application for license and fees. (a) A sworn application for a license under this article shall be filed with the commissioner on forms prescribed and furnished by the commissioner.  (b) The application for a license shall provide the:  (1) Name, residence address, electronic mail address, and other information required by the commissioner for an employee or officer of the vendor that is designated by the applicant as the person responsible for the vendor's compliance with the requirements of this article; provided that if the vendor derives more than fifty per cent of its revenue from the sale of portable electronics insurance, the information in this paragraph shall be provided for all officers, directors, and shareholders of record having beneficial ownership of ten per cent or more of any class of securities registered under the federal securities law; and  (2) Location of the applicant's home office.  (c) Any vendor engaging in portable electronics insurance transactions on or before January 1, 2013, shall apply for licensure within ninety days of the application's being made available by the commissioner. Any applicant commencing operations after January 1, 2013, shall obtain a license prior to offering portable electronics insurance.  (d) The license shall be renewable biennially. Licensing fees shall be governed by section 431:7-101. [L 2012, c 321, pt of §1; am L 2013, c 194, §2; am L 2021, c 111, §14]
HI Rev Stat § 431:31-108 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:31-108 Portable electronics insurance claims.

  §431:31-108 Portable electronics insurance claims. No licensed independent adjuster or licensed vendor shall supervise more than twenty-five employees; provided that a licensed vendor who supervises employees or adjusts claims shall not be required to be licensed as an adjuster.  For purposes of this section:  "Automated claims adjudication system" means a preprogrammed computer system designed for the collection, data entry, calculation, and final resolution of portable electronics insurance claims, which:  (1) Shall be used only by a licensed independent adjuster, a licensed vendor, or supervised employees; and  (2) Shall comply with all claims-payment requirements of the insurance code.  "Employee" means an individual who collects claim information for portable electronics insurance claims from, or furnishes claim information to, insureds or claimants, and who conducts data entry, including entering data into an automated claims adjudication system. [L 2012, c 321, pt of §1]
HI Rev Stat § 431:31-109 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:31-109 Standard of conduct

  §431:31-109 Standard of conduct. A vendor issued a limited lines license shall act in good faith, abstain from deception, and practice honesty and equity in all insurance matters. [L 2021, c 110, §4]
HI Rev Stat § 431C-1 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431C. Life Settlements|431C-1 Short title.

  §431C-1 Short title. This chapter may be cited as the Life Settlements Act. [L 2012, c 256, pt of §1]
HI Rev Stat § 431C-4 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431C. Life Settlements|431C-4 License suspension, revocation, or refusal to renew.

  §431C-4 License suspension, revocation, or refusal to renew. (a) The commissioner may suspend, revoke, or refuse to renew the license of any licensee if the commissioner finds that:  (1) There was any material misrepresentation in the application for the license;  (2) The licensee or any officer, partner, member, or director has been guilty of fraudulent or dishonest practices, is subject to a final administrative action, or is otherwise shown to be untrustworthy or incompetent to act as a licensee;  (3) The provider demonstrates a pattern of unreasonably withholding payments to policy owners;  (4) The licensee no longer meets the requirements for initial licensure;  (5) The licensee or any officer, partner, member, or director has been convicted of a felony, or of any misdemeanor of which criminal fraud is an element or has pleaded guilty or nolo contendere with respect to any felony or any misdemeanor of which criminal fraud or moral turpitude is an element, regardless of whether a judgment of conviction has been entered by the court;  (6) The provider has entered into any life settlement contract that has not been approved pursuant to this chapter;  (7) The provider has failed to honor contractual obligations set out in a life settlement contract;  (8) The provider has assigned, transferred, or pledged a settled policy to a person other than a provider licensed in this State, a purchaser, an accredited investor or qualified institutional buyer as defined respectively in Rule 501 of Regulation D or Rule 144A of the federal Securities Act of 1933, as amended, a financing entity, a special purpose entity, or a related provider trust; or  (9) The licensee or any officer, partner, member, or key management personnel has violated this chapter.  (b) Before the commissioner may deny a license application or suspend, revoke, or refuse to renew the license of any licensee under this chapter, the commissioner shall conduct a hearing in accordance with chapter 91. [L 2012, c 256, pt of §1]
HI Rev Stat § 431C-5 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431C. Life Settlements|431C-5 Contract requirements.

  §431C-5 Contract requirements. (a) No person may use any form of life settlement contract in this State unless it has been filed with and approved, if required, by the commissioner in a manner that conforms with the filing procedures and any time restrictions or deeming provisions, if any, for life insurance forms, policies, and contracts.  (b) No insurer may, as a condition of responding to a request for verification of coverage or in connection with the transfer of a policy pursuant to a life settlement contract, require that the owner, insured, provider, or broker sign any form, disclosure, consent, waiver, or acknowledgment that has not been expressly approved by the commissioner for use in connection with life settlement contracts in this State.  (c) A person shall not use a life settlement contract form or provide to an owner a disclosure statement form in this State unless first filed with and approved by the commissioner. The commissioner shall disapprove a life settlement contract form or disclosure statement form if, in the commissioner's opinion, the contract or provisions contained therein fail to meet the requirements of sections 431C-21, 431C-31, 431C-33, and 431C-43 or are unreasonable, contrary to the interests of the public, or otherwise misleading or unfair to the owner. At the commissioner's discretion, the commissioner may require the submission of advertising material. [L 2012, c 256, pt of §1]