HRS §490:9-504
How to describe collateral on a financing statement
Read the official text at capitol.hawaii.gov ↗A financing statement must clearly say what property it covers. It can either describe the property in a specific way or state that it covers all assets or all personal property. If it does neither, it is not enough.
creditorsdebtorsfinancial institutions
The statute, as written — Indication of collateral
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.
A financing statement sufficiently indicates the collateral that it covers only if the financing statement provides: (1) A description of the collateral pursuant to section 490:9-108; or (2) An indication that the financing statement covers all assets or all personal property.
Sections this one refers to
§490:9-108 What counts as a good description of collateral
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.