Hawaii Revised Statutes 554D-1003 – No damages in absence of breach
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Terms Used In Hawaii Revised Statutes 554D-1003
- Property: means anything that may be the subject of ownership, whether real or personal, legal or equitable, or any interest therein. See Hawaii Revised Statutes 554D-103
Absent a breach of trust, a trustee shall not be liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit.