HRS §554D-906
What trust language means for allowed investments
Read the official text at capitol.hawaii.gov ↗This section explains that certain phrases in a trust document, like "prudent investor rule" or "legal investments," give the trustee permission to use any investment or strategy allowed by this part of the law, unless the trust says otherwise.
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The statute, as written — Language invoking standard of part
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.
The following terms or comparable language in the provisions of a trust, unless otherwise limited or modified, authorizes any investment or strategy permitted under this part: "authorized investments"; "investments permissible by law for investment of trust funds"; "legal investments"; "prudent investor rule"; "prudent man rule"; "prudent person rule"; "prudent trustee rule"; and "using the judgment and care under the circumstances then prevailing that persons of prudence, discretion, and intelligence exercise in the management of their own affairs, not in regard to speculation but in regard to the permanent disposition of their funds, considering the probable income as well as the probable safety of their capital".
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.