HRS §490:2A-302
Title to and possession of goods
This section says the lease rules apply no matter who legally owns the goods or who physically has them. It also overrides any law that treats possession (or lack of possession) as a sign of fraud. It is a general rule about how the lease law works.
everyone
The statute, as written — Title to and possession of goods
Except as otherwise provided in this article, each provision of this article applies whether the lessor or a third party has title to the goods, and whether the lessor, the lessee, or a third party has possession of the goods, notwithstanding any statute or rule of law that possession or the absence of possession is fraudulent.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.