{"data":{"id":"us-hi/haw.-rev.-stat.-490-9-205","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 490:9-205","heading":"Use or disposition of collateral permissible.","body":"(a) A security interest is not invalid or fraudulent against creditors solely because:\n\n(1) The debtor has the right or ability to:\n\n(A) Use, commingle, or dispose of all or part of the collateral, including returned or repossessed goods;\n\n(B) Collect, compromise, enforce, or otherwise deal with collateral;\n\n(C) Accept the return of collateral or make repossessions; or\n\n(D) Use, commingle, or dispose of proceeds; or\n\n(2) The secured party fails to require the debtor to account for proceeds or replace collateral.\n\n(b) This section does not relax the requirements of possession if attachment, perfection, or enforcement of a security interest depends upon possession of the collateral by the secured party.","path":["Hawaii Code","Division 2","Title 27","Chapter 490"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol11_Ch0476-0490/HRS0490/HRS_0490-0009-0205.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"65610caf9d3b76a14a0c0505561121416029907b5f0fa395a23784345c046e5b","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-490-9-204","next":"us-hi/haw.-rev.-stat.-490-9-206"},"notice":"GroundRules: Original legal text. Not legal advice."}