Haw. Rev. Stat. § 429-4
Real and personal property; nonprofit association as legatee, devisee, or beneficiary
Hawaii · Hawaii Revised Statutes Chapter 429 · Status: effective
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- Citation
- Haw. Rev. Stat. § 429-4, Real and personal property; nonprofit association as legatee, devisee, or beneficiary, Hawaii, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2424515
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Full text
(a) A nonprofit association shall be a legal entity separate from its members for the purposes of acquiring, holding, encumbering, and transferring real and personal property.
(b) A nonprofit association in its name may acquire, hold, encumber, or transfer an estate or interest in real or personal property.
(c) A nonprofit association may be a beneficiary of a trust or contract, a legatee, or a devisee.