Haw. Rev. Stat. § 554D-904

Current through the 2024 Legislative Session
Section 554D-904 - Duties at inception of trusteeship

Within a reasonable time after accepting a trusteeship or receiving trust assets, a trustee shall review the trust assets and make and implement decisions concerning the retention and disposition of assets to bring the trust portfolio into compliance with the purposes, terms, distribution requirements, and other circumstances of the trust and with the requirements of this part.

HRS § 554D-904

Added by L 2021, c 32,§ 2, eff. 1/1/2022.