Haw. Code R. § 10-2-19

Current through September, 2024

Section 10-2-19 - Duties of commissioners as trustees

As trustees, it shall be the duty of commissioners to:

(1) Act exclusively in the interest of beneficiaries under the act;

(2) Hold and protect the trust property for beneficiaries under the act;

(3) Exercise such care and skill as a person of ordinary prudence would exercise in dealing with one's own property in the management of Hawaiian home lands; and

(4) Adhere to the terms of the trust as set forth in the act.

Haw. Code R. § 10-2-19

[Eff 7/30/81; am and comp 10/26/98] (Auth: HHC Act §222; HRS § 91-2) (Imp: HHC Act §202)