HRS §441-43
State oversight of cemetery fund managers
This section says that anyone who manages a perpetual care fund, unless they are a trust company, must follow the same state inspection and supervision rules that apply to trust companies. The state director can regulate them the same way.
The statute, as written — Inspection, regulation, and supervision of administrator
Any administrator of a perpetual care fund, other than a trust company, shall be subject to inspection, supervision, and regulation by the director to the same extent and in the same manner as may be from time to time provided by law for the inspection, supervision, and regulation of trust companies doing business in the State.
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