HRS §560:6-102

Account Ownership Rules and Bank Protection

Read the official text at capitol.hawaii.gov ↗

This section explains that rules about who owns money in joint or payable-on-death accounts only matter for disputes between account holders, their creditors, and heirs. These rules do not affect who can withdraw money. Separate rules protect banks that pay out or offset funds.

beneficiariescreditorsfinancial institutionsheirs

The statute, as written — Ownership as between parties, and others; protection of financial institutions

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 provisions of sections 560:6-103 to 560:6-105 concerning beneficial ownership as between parties and payable-on-death payees, or as between parties or beneficiaries of multiple-party accounts, are relevant only to controversies between these persons and their creditors and other successors, and have no bearing on the power of withdrawal of these persons as determined by the terms of account contracts. The provisions of sections 560:6-108 to 560:6-113 govern the liability of financial institutions who make payments pursuant thereto, and their setoff rights.

Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

Sections this one refers to

§560:6-103 Who owns the money in a joint, payable-on-death, or trust account while the original owners are alive?

§560:6-108 Bank protection for paying out a shared account

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