HRS §490:3-207
Getting a check or note back from a former holder
Read the official text at capitol.hawaii.gov ↗This section explains what happens when a financial document like a check or note goes back to someone who used to hold it. That person can cancel later signatures, which may let them use the document again. Canceled signatures mean the person who signed is no longer responsible.
The statute, as written — Reacquisition
A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.
Reacquisition of an instrument occurs if it is transferred to a former holder, by negotiation or otherwise. A former holder who reacquires the instrument may cancel indorsements made after the reacquirer first became a holder of the instrument. If the cancellation causes the instrument to be payable to the reacquirer or to bearer, the reacquirer may negotiate the instrument. An indorser whose indorsement is canceled is discharged, and the discharge is effective against any subsequent holder.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.