HRS §539-4
When a security is registered in beneficiary form
This section explains when a security (like a stock or bond) is considered registered in beneficiary form. It happens when the registration names a beneficiary who will get the security when the owner dies, or when all multiple owners die.
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The statute, as written — Origination of registration in beneficiary form
A security, whether evidenced by certificate or account, is registered in beneficiary form when the registration includes a designation of a beneficiary to take the ownership at the death of the owner or the deaths of all multiple owners.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.