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2017 Hawaii Revised Statutes
TITLE 23A. OTHER BUSINESS ENTITIES
429. Uniform Unincorporated Nonprofit Association Act
429-4 Real and personal property; nonprofit association as legatee, devisee, or beneficiary.
Universal Citation: HI Rev Stat § 429-4 (2017)
[§429-4] Real and personal property; nonprofit association as legatee, devisee, or beneficiary. (a) A nonprofit association shall be a legal entity separate from its members for the purposes of acquiring, holding, encumbering, and transferring real and personal property.
(b) A nonprofit association in its name may acquire, hold, encumber, or transfer an estate or interest in real or personal property.
(c) A nonprofit association may be a beneficiary of a trust or contract, a legatee, or a devisee. [L 1999, c 161, pt of §1]
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