Hawaii Revised Statutes 412:10-308 Payable-On-death Accounts.

§412:10-308 Payable-on-death accounts. Notwithstanding any other provision of law, a credit union may establish share and deposit accounts payable to one or more persons during their lifetimes and on the death of all of them to one or more payable-on-death payees. Any transfer to a payable-on-death payee is effective by reason of the account contract and shall not be considered to be a testamentary transfer. [L 1993, c 350, pt of §1]

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Last modified: October 27, 2016