{"data":{"id":"us-hi/haw.-rev.-stat.-490-8-115","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 490:8-115","heading":"Securities intermediary and others not liable to adverse claimant.","body":"A securities intermediary that has transferred a financial asset pursuant to an effective entitlement order, or a broker or other agent or bailee that has dealt with a financial asset at the direction of its customer or principal, is not liable to a person having an adverse claim to the financial asset, unless the securities intermediary, or broker or other agent or bailee:\n\n(1) Took the action after it had been served with an injunction, restraining order, or other legal process enjoining it from doing so, issued by a court of competent jurisdiction, and had a reasonable opportunity to act on the injunction, restraining order, or other legal process;\n\n(2) Acted in collusion with the wrongdoer in violating the rights of the adverse claimant; or\n\n(3) In the case of a security certificate that has been stolen, acted with notice of the adverse claim.","path":["Hawaii Code","Division 2","Title 27","Chapter 490"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol11_Ch0476-0490/HRS0490/HRS_0490-0008-0115.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"893b8e60dbe8d5518d5e7c43d53315c499110a19bfbdc0db1a766abab91383ca","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-490-8-114","next":"us-hi/haw.-rev.-stat.-490-8-116"},"notice":"GroundRules: Original legal text. Not legal advice."}
