Hawaii Revised Statutes 554D-1008 – Exculpation of trustee
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A term of a trust relieving a trustee of liability for breach of trust is unenforceable to the extent that it:
Terms Used In Hawaii Revised Statutes 554D-1008
- Fiduciary: A trustee, executor, or administrator.
- Interests of the beneficiaries: means the beneficial interests provided in the terms of the trust. See Hawaii Revised Statutes 554D-103
- Settlor: means a person, including a testator, who creates, or contributes property to, a trust. See Hawaii Revised Statutes 554D-103
- Trustee: A person or institution holding and administering property in trust.
- Trustee: includes an original, additional, and successor trustee, and a cotrustee. See Hawaii Revised Statutes 554D-103