HRS §525-4
What the Rule Against Perpetuities Does Not Cover
Read the official text at capitol.hawaii.gov ↗This section lists situations where the rule against perpetuities (which limits how long property can be tied up) does not apply. It covers certain powers of fiduciaries and trustees, interests held by charities or governments, retirement plan interests, and other arrangements already exempt by law.
beneficiariescountiesemployeesspousesstate agenciestrustees
The statute, as written — Exclusions from statutory rule against perpetuities
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.
Section 525-1 shall not apply to: (1) A fiduciary's power to sell, lease, or mortgage property, and the power of a fiduciary to determine principal and income; (2) A discretionary power of a trustee to distribute principal before termination of a trust; (3) A nonvested property interest held by a charity, government, or governmental agency or subdivision, if the nonvested property interest is preceded by an interest held by another charity, government, or governmental agency or subdivision; (4) A property interest in or a power of appointment with respect to a pension, profit-sharing, stock bonus, health, disability, death benefit, income deferral, or other current or deferred benefit plan for one or more employees, independent contractors, or their beneficiaries or spouses; (5) A property interest, power of appointment, or arrangement that was not subject to the common-law rule against perpetuities or is excluded by any other applicable law; or (6) A trust described in chapter 554G.
Sections this one refers to
§525-1 Time limits for future property interests and powers
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.