Hawaii · statute · Haw. Rev. Stat. ch. 525 · 6 active provisions
(a) A nonvested property interest is invalid unless: (1) When the interest is created, it is certain to vest or terminate no later than twenty-one years after the death of an individual then alive; or (2) The interest either vests or terminates within ninety years after its creation. (b) A general power of appointment…
(a) Except as provided in subsections (b) and (c) and in section 525-5(a), the time of creation of a nonvested property interest or a power of appointment is determined under general principles of property law. (b) For the purposes of this chapter, if there is a person who alone can exercise a power created by a govern…
Upon the petition of an interested person, a court shall reform a disposition in the manner that most closely approximates the transferor's manifested plan of distribution and is within the ninety years allowed by section 525-1(a)(2), (b)(2), or (c)(2) if: (1) A nonvested property interest or a power of appointment bec…
Section 525-1 shall not apply to: (1) A fiduciary's power to sell, lease, or mortgage property, and the power of a fiduciary to determine principal and income; (2) A discretionary power of a trustee to distribute principal before termination of a trust; (3) A nonvested property interest held by a charity, government, o…
(a) Except as extended by subsection (b), this chapter applies to a nonvested property interest or a power of appointment that is created on or after June 18, 1992. For the purposes of this section, a nonvested property interest or a power of appointment created by the exercise of a power of appointment is created when…
This chapter may be cited as the "Uniform Statutory Rule Against Perpetuities".