HRS §554D-901
Trustees must follow the prudent investor rule unless the trust says otherwise
Read the official text at capitol.hawaii.gov ↗Trustees must invest and manage trust money carefully for the people who benefit from the trust. The trust document can change or remove this rule. If the trustee reasonably follows the trust document, the trustee is not responsible for losses.
beneficiariestrustees
The statute, as written — Prudent investor rule
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) Except as otherwise provided in subsection (b), a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule set forth in this part. (b) The prudent investor rule, a default rule, may be expanded, restricted, eliminated, or otherwise altered by the provisions of a trust. A trustee shall not be liable to a beneficiary to the extent that the trustee acted in reasonable reliance on the provisions of the trust.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.