HRS §441-5
Cemetery plots are not treated as securities
This section says that when a cemetery sells plots, crypts, or niches that are properly mapped and described under this chapter, those sales are not subject to securities laws. This means the cemetery does not need to register these sales as securities.
buyers
The statute, as written — Securities law not applicable to sales of cemetery property
No provision of law, ordinance, or government regulation relating to the registration and sale of securities shall apply to the sale by a cemetery authority of plots, crypts, or niches dedicated, described, and shown on a proper map or plat pursuant to this chapter.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.