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2019 Hawaii Revised Statutes
TITLE 30. GUARDIANS AND TRUSTEES
558. Land Trusts--Beneficiary Controlled
558-2 Purpose.
Universal Citation: HI Rev Stat § 558-2 (2019)
§558-2 Purpose. The purpose of this chapter is to authorize those trusts which incorporate it by reference to convey legal and equitable title to real estate in trust to a qualified trustee; to define the nature and extent of the beneficiaries' interest in the trust property; to define the obligations of persons dealing with the trustee to inquire into the trustee's authority; and to provide for disclosure of the identity and interest of the trust beneficiaries. [L 1978, c 151, pt of §1]
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