HRS §539-2
Who can register a security in beneficiary form
Read the official text at capitol.hawaii.gov ↗This section says that only people who own a security alone or with others in a way that includes survivorship rights can register it in beneficiary form. If multiple people own it this way, they hold it as joint tenants or similar, not as tenants in common.
The statute, as written — Registration in beneficiary form; sole or joint tenancy ownership
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.
Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more with right of survivorship, rather than as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in beneficiary form hold as joint tenants with right of survivorship, as tenants by the entireties, or as owners of community property held in survivorship form, and not as tenants in common.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.