← Back to search

HRS §553A-7

Who can transfer property to a minor's custodian

Read the official text at capitol.hawaii.gov ↗

This section says who can give money or property to a custodian for a minor. It applies to people who are not already covered by other rules. If a custodian was named, the transfer must go to that person. If not, it can go to a family member or trust company, unless the property is worth more than $10,000.

everyone

The statute, as written — Transfer by obligor

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) Subject to subsections (b) and (c), a person not subject to section 553A-5 or 553A-6 who holds property of or owes a liquidated debt to a minor not having a conservator may make an irrevocable transfer to a custodian for the benefit of the minor pursuant to section 553A-9. (b) If a person having the right to do so under section 553A-3 has nominated a custodian under that section to receive the custodial property, the transfer must be made to that person. (c) If no custodian has been nominated under section 553A-3, or all persons so nominated as custodian die before the transfer or are unable, decline, or are ineligible to serve, a transfer under this section may be made to an adult member of the minor's family or to a trust company unless the property exceeds $10,000 in value.
Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

Sections this one refers to

§553A-3 How to name a custodian for a minor's future property

§553A-5 Who gets the property when a will or trust names a custodian

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.