Hawaii Revised Statutes 558. Land Trusts--Beneficiary Controlled

• 558-1 Title.
  This chapter shall be known and may be cited as the Land Trust Act. [L 1978, c 151, pt of §1]
• 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...
• 558-3 Definitions.
  As used in this chapter, unless the context otherwise requires: "Recorded instrument" means any conveyance, deed, mortgage, lease assignment, or other instrument relating to...
• 558-4 Creation of Trust, Powers of Trustee.
  Any recorded instrument transferring any interest in real property in this State, including but not limited to, leasehold and mortgagee's interests, to any person,...
• 558-5 Inquiry Into Authority of Trustee.
  Any grantee, mortgagee, lessee, transferee, assignee, or person obtaining satisfaction, releases, or otherwise in any way dealing with the trustee with respect to the...
• 558-6 Conveyance by Trustee.
  Any person dealing with the trustee under the recorded instrument shall take any interest transferred by the trustee free and clear of the claims...
• 558-7 Personal Property.
  In all cases where the recorded instrument contains a provision defining and declaring the interest of beneficiaries to be personal property only, the provision...
• 558-8 Disclosure of Beneficiaries.
  (a) Any trust created hereunder shall be invalid unless the recorded conveyance document transferring title to the trustee discloses the name and pro rata...

Last modified: October 27, 2016