ยง287-23 - Certificate furnished by nonresident as proof.
ยง287-23ย Certificate furnished by
nonresident as proof.ย (a)ย The nonresident owner of a motor vehicle not
permanently registered in the State may give proof of financial responsibility
by filing with the administrator a written certificate or certificates of an
insurance carrier authorized to transact business in the state in which the
motor vehicle or motor vehicles described in the certificate is registered or
if the nonresident does not own a motor vehicle, then in the state in which the
insured resides, provided the certificate otherwise conforms with this chapter,
and the administrator shall accept the same upon condition that the insurance
carrier complies with the following provisions with respect to the policy so
certified:
(1)ย The insurance carrier shall execute a power of
attorney authorizing the insurance commissioner to accept service on its behalf
of notice of process in any action arising out of a motor vehicle action in the
State;
(2)ย The insurance carrier shall agree in writing that
such policies shall be deemed to conform with the laws of the State relating to
the terms of motor vehicle liability policies issued herein.
(b)ย If any insurance carrier not authorized to
transact business in the State, which has qualified to furnish proof of financial
responsibility, defaults in any such undertakings or agreements, the
administrator shall not thereafter accept as proof any certificate of the
carrier whether theretofore filed or thereafter tendered as proof, so long as
such default continues. [L 1949, c 393, pt of ยง1; RL 1955, ยง160-101; HRS
ยง287-23; am L 1980, c 84, pt of ยง1]