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HRS §412:8-103

Who can call itself a trust company

This law says only companies chartered as trust companies in Hawaii, or those specifically allowed by state law, can offer trustee services to the public. It also bans using the name "trust company" unless you have that charter.

businesses

The statute, as written — Authority to serve as trustee

Unless chartered as a trust company under this chapter or otherwise specifically authorized by the laws of this State, no person shall hold itself out to the general public as being available to serve as a trustee or trust company, whether or not for compensation. No person shall use the term "trust company" as part of its name unless chartered as a trust company pursuant to this chapter.
Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.