{"data":{"id":"us-hi/haw.-rev.-stat.-490-8-508","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 490:8-508","heading":"Duty of securities intermediary to change entitlement holder's position to other form of security holding.","body":"A securities intermediary shall act at the direction of an entitlement holder to change a security entitlement into another available form of holding for which the entitlement holder is eligible, or to cause the financial asset to be transferred to a securities account of the entitlement holder with another securities intermediary. A securities intermediary satisfies the duty if:\n\n(1) The securities intermediary acts as agreed upon by the entitlement holder and the securities intermediary; or\n\n(2) In the absence of agreement, the securities intermediary exercises due care in accordance with reasonable commercial standards to follow the direction of the entitlement holder.","path":["Hawaii Code","Division 2","Title 27","Chapter 490"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol11_Ch0476-0490/HRS0490/HRS_0490-0008-0508.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"6ea482d182a17447786a5aa2e8488b21e7acd996098bc4e46b9c01b703eb65cc","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-490-8-507","next":"us-hi/haw.-rev.-stat.-490-8-509"},"notice":"GroundRules: Original legal text. Not legal advice."}