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HRS §651-48

Penalty for selling stock after a court seizure

This section says that if a court has taken your stock certificate because of a judgment, you cannot sell it or give it away without the creditor's permission or a court order. If you refuse to hand it over when asked, you can be fined or jailed.

The statute, as written — Same, penalty

Any owner or holder of any certificate of stock which has been levied upon by virtue of an execution who sells or otherwise voluntarily disposes of the certificate of stock without consent of the judgment creditor, or order of the court, or who, upon demand of the levying officer, refuses to surrender the certificate of stock, except to assert or maintain the owner's or holder's rights as a pledgee, shall be fined not more than $1,000 or imprisoned not more than one year, or both.
Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

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