For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Trust accounts

HRS §412:10-307
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
412:10-307. Trust accounts (a) Share and deposit accounts may be owned by a member in trust for a beneficiary. (b) Beneficiaries may be minors, but no beneficiary unless a member in that person's own right, shall be permitted to vote, obtain loans, hold office or be required to pay a membership fee. [L 1993, c 350, pt of §1]
Source: Hawaii State Legislature (capitol.hawaii.gov), via Internet Archive capturesURL: https://www.capitol.hawaii.gov/hrscurrent/Vol08_Ch0401-0429/HRS0412/HRS_0412-0010-0307.htmFetched: 11/10/2026

Starting a business in Hawaii? Hawaii LLC guide: costs and requirements