Hawaii Revised Statutes 554D-1006 – Reliance on trust instrument
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Terms Used In Hawaii Revised Statutes 554D-1006
- Trust instrument: means an instrument executed by the settlor that contains terms of the trust, including any amendments thereto. See Hawaii Revised Statutes 554D-103
A trustee who acts in reasonable reliance on the terms of the trust as expressed in the trust instrument shall not be liable to a beneficiary for a breach of trust to the extent the breach resulted from the reliance.