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Current as of January 01, 2022 | Updated by FindLaw Staff
A mass merchandising agreement may provide for the collection of premiums from employees by payroll deductions, assessments, or otherwise, and the remittance of the same to the insurer by the employer; provided that:
(1) No such collection and remittance of premiums by the employer shall constitute collection of premium within the meaning of this code;
(2) No act of furnishing information about such collection method by the employer to its employees shall constitute solicitation of applications for insurance; and
(3) The employer shall not be considered an insurance producer for purposes of this code by virtue of the employer's collection and remittance of premiums or the furnishing of information about such collection method.
Cite this article: FindLaw.com - Hawaii Revised Statutes Division 2. Business § 431:12-107 - last updated January 01, 2022 | https://codes.findlaw.com/hi/division-2-business/hi-rev-st-sect-431-12-107/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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