Hawaii Revised Statutes 554D-801 – Duty to administer trust
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Terms Used In Hawaii Revised Statutes 554D-801
- Interests of the beneficiaries: means the beneficial interests provided in the terms of the trust. See Hawaii Revised Statutes 554D-103
Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its terms and purposes and the interests of the beneficiaries, and in accordance with this chapter.