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Code · Hawaii · Hawaii Revised Statutes

[ §554D-812] Collecting trust property.

122 words·~1 min read·/hi/554d-812

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[ §554D-812] Collecting trust property.
(a)A trustee shall take reasonable steps to compel a former trustee or other person to deliver trust property to the trustee and to redress a breach of trust known to the trustee to have been committed by a former trustee or other person, unless the beneficiaries consent to, release, or ratify the actions of the former trustee or other person under section 554D-1009.
(b)In addition to any other legal or equitable remedies, a person who receives a distribution from a trust shall be liable to return the distribution to the extent that the trustee or a court subsequently determines that the person was not entitled to the distribution. [L 2021, c 32, pt of §2]
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