Haw. Rev. Stat. § 444-27
Additional payments to fund
Hawaii · Hawaii Revised Statutes Chapter 444 — Contractors · Status: effective
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- Citation
- Haw. Rev. Stat. § 444-27, Additional payments to fund, Hawaii, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2425259
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Full text
(a) At any time when the balance remaining in the contractors recovery fund is less than $250,000, the board may assess every contractor a fee not to exceed $500 annually for deposit in the contractors recovery fund.
(b) The failure of any contractor to pay the assessment within sixty days from the date of assessment shall constitute a forfeiture of the contractor's license. The board may impose other penalties or requirements as a condition of restoration of the license.