ยง449-13 - Cancellation of bonds or insurance; withdrawal of deposits.
ยง449-13ย Cancellation of bonds or insurance;
withdrawal of deposits.ย None of the bonds or insurance or deposits in lieu
thereof required by this chapter shall be cancelled or withdrawn as to future
accruing liability except upon prior written notice to the commissioner: sixty
days' notice for the bonds or deposits, and thirty days' notice for the
insurance.ย The license of any licensee shall be suspended upon cancellation of
any bond or insurance or upon withdrawal of any deposit in lieu thereof. [L 1967,
c 144, pt of ยง1; HRS ยง449-13; am L 1969, c 67, ยง1; am L 1970, c 72, ยง4; am L
1976, c 101, ยง2; am L 1985, c 269, ยง50]