HRS §414D-206
Gifts to a merged corporation go to the survivor
If someone leaves money or property to a corporation in a will or donation document, and that corporation merges with another, the gift goes to the surviving corporation. This happens unless the will or document says something different.
beneficiaries
The statute, as written — Bequests, devises, and gifts
Any bequest, devise, gift, grant, or promise contained in a will or other instrument of donation, subscription, or conveyance, that is made to a constituent corporation and that takes effect or remains payable after the merger, inures to the surviving corporation unless the will or other instrument otherwise specifically provides.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.