Haw. Rev. Stat. § 554D-815

Current through Chapter 253 of the 2024 Legislative Session
Section 554D-815 - General powers of trustee
(a) A trustee, without authorization by the court, may exercise:
(1) Powers conferred by the terms of the trust; and
(2) Except as limited by the terms of the trust:
(A) All powers over the trust property that an unmarried competent owner has over individually owned property;
(B) Any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and
(C) Any other powers conferred by this chapter.
(b) The exercise of a power is subject to the fiduciary duties prescribed by this part.

HRS § 554D-815

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