HRS §539-6
How beneficiary registration works before death
This section says that naming a transfer-on-death beneficiary on a security registration does not change who owns it while the owner is alive. The owner (or all owners if there are several) can cancel or change the beneficiary at any time without asking the beneficiary.
The statute, as written — Effect of registration in beneficiary form
The designation of a transfer-on-death beneficiary on a registration in beneficiary form has no effect on ownership until the owner's death. A registration of a security in beneficiary form may be canceled or changed at any time by the sole owner or all then surviving owners without the consent of the beneficiary.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.