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Current as of January 01, 2025 | Updated by Findlaw Staff
If more than one permitted transfer is made by means of the same trust instrument:
(1) The making of a subsequent permitted transfer shall be disregarded in determining whether a creditor's claim with respect to a prior permitted transfer is extinguished as provided in section 554G-8; and
(2) Any distribution to a beneficiary shall be deemed to have been made from the latest permitted transfer.
Cite this article: FindLaw.com - Hawaii Revised Statutes Division 3. Property; Family § 554G-11 - last updated January 01, 2025 | https://codes.findlaw.com/hi/division-3-property-family/hi-rev-st-sect-554g-11/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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