§435E-14  Board of trustees, custodian. 
The board of trustees shall be the custodian of all funds of the interindemnity
arrangement, and all such funds shall be deposited in such bank or banks and
savings and loan associations in Hawaii as the board designates, and each such
account shall require two or more signatories for withdrawal of funds.  The
authorized signatories shall be appointed by the board and shall be limited to
physicians and surgeons and participating members in the interindemnity arrangement. 
Each signatory on such accounts shall maintain, at all times while empowered to
draw on such funds, for the benefit of the interindemnity arrangement, a bond
against loss suffered through embezzlement, mysterious disappearance, holdup,
or burglary or other loss issued by a bonding company licensed to do business
in Hawaii in a penal sum of not less than $100,000. [L 1977, c 182, pt of §1]