Hawaii Revised Statutes 525. Uniform Statutory Rule Against Perpetuities

• 525-1 Statutory Rule Against Perpetuities.
  (a) A nonvested property interest is invalid unless: (1) When the interest is created, it is certain to vest or terminate no later than...
• 525-2 When Nonvested Property Interest or Power of Appointment Created.
  (a) Except as provided in subsections (b) and (c) and in section 525-5(a), the time of creation of a nonvested property interest or a...
• 525-3 Reformation.
  Upon the petition of an interested person, a court shall reform a disposition in the manner that most closely approximates the transferor's manifested plan...
• 525-4 Exclusions From Statutory Rule Against Perpetuities.
  Section 525-1 shall not apply to: (1) A fiduciary's power to sell, lease, or mortgage property, and the power of a fiduciary to determine...
• 525-5 Prospective Application.
  (a) Except as extended by subsection (b), this chapter applies to a nonvested property interest or a power of appointment that is created on...
• 525-6 Short Title.
  This chapter may be cited as the "Uniform Statutory Rule Against Perpetuities". [L 1992, c 262, pt of §2]

Last modified: October 27, 2016