§560:7-302 - Trustee's standard of care and performance. - Hawaii Statutes

     §560:7-302  Trustee's standard of care and performance.  Except as otherwise provided by the terms of the trust, the trustee shall observe the standards in dealing with the trust assets that would be observed by a prudent person dealing with the property of another, and if the trustee has special skills or is named trustee on the basis of representations of special skills or expertise, the trustee is under a duty to use those skills. [L 1976, c 200, pt of §1; gen ch 1985, 1993]

 

Attorney General Opinions

 

  Standard of care governing investment policy of board of regents of University of Hawaii.  Att. Gen. Op. 85-26.

  Standard of care governing investment policy of trustees of retirement system.  Att. Gen. Op. 87-2.