Establishes the Hawaii Condominium Mutual Insurance Company to provide property and casualty insurance to high-rise residential condominium associations and the owners of those units. Requires reports to the Governor. Establishes the Condominium Loan Fund to assist associations of apartment owners experiencing increased insurance costs. Appropriates funds. Effective 7/1/2050. (SD1)
- Chamber
- Senate
- Introduced
- Jan 17, 2025
- Last action
- Jan 17, 2025 — Introduced.
- Session
- 2026
- Momentum
- 66 · High