2019 Hawaii Revised Statutes
TITLE 30. GUARDIANS AND TRUSTEES
554G. Permitted Transfers in Trust
554G-11 Multiple transfers.

Universal Citation: HI Rev Stat § 554G-11 (2019)

§554G-11 Multiple transfers. If more than one permitted transfer is made by means of the same trust instrument:

(1) The making of a subsequent permitted transfer shall be disregarded in determining whether a creditor's claim with respect to a prior permitted transfer is extinguished as provided in section 554G-8; and

(2) Any distribution to a beneficiary shall be deemed to have been made from the latest permitted transfer. [L 2010, c 182, pt of §2]

Disclaimer: These codes may not be the most recent version. Hawaii may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.