§ 551E-1 Definitions
§ 551E-2 Applicability
§ 551E-3 Power of attorney
§ 551E-4 Nomination of conservator or guardian; relation of agent to court-appointed fiduciary
§ 551E-5 Effective date of power of attorney
§ 551E-6 Termination of power of attorney or agent’s authority
§ 551E-7 Co-agents and successor agents
§ 551E-8 Reimbursement and compensation of agent
§ 551E-9 Agent’s acceptance
§ 551E-10 Agent’s duties
§ 551E-11 Exoneration of agent
§ 551E-12 Judicial relief
§ 551E-13 Agent’s liability
§ 551E-14 Agent’s resignation; notice
§ 551E-15 Acceptance of and reliance upon acknowledged power of attorney
§ 551E-16 Liability for refusal to accept acknowledged power of attorney
§ 551E-17 Principles of law and equity
§ 551E-18 Laws applicable to financial institutions and entities
§ 551E-19 Remedies under other law
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Terms Used In Hawaii Revised Statutes > Chapter 551E > Part I - General Provisions

  • Attorney-at-law: A person who is legally qualified and licensed to practice law, and to represent and act for clients in legal proceedings.
  • Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Fiduciary: A trustee, executor, or administrator.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • Statute: A law passed by a legislature.