{"data":{"id":"us-hi/haw.-rev.-stat.-525-4","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 525-4","heading":"Exclusions from statutory rule against perpetuities.","body":"Section 525-1 shall not apply to:\n\n(1) A fiduciary's power to sell, lease, or mortgage property, and the power of a fiduciary to determine principal and income;\n\n(2) A discretionary power of a trustee to distribute principal before termination of a trust;\n\n(3) A nonvested property interest held by a charity, government, or governmental agency or subdivision, if the nonvested property interest is preceded by an interest held by another charity, government, or governmental agency or subdivision;\n\n(4) A property interest in or a power of appointment with respect to a pension, profit-sharing, stock bonus, health, disability, death benefit, income deferral, or other current or deferred benefit plan for one or more employees, independent contractors, or their beneficiaries or spouses;\n\n(5) A property interest, power of appointment, or arrangement that was not subject to the common-law rule against perpetuities or is excluded by any other applicable law; or\n\n(6) A trust described in chapter 554G.","path":["HI Code","Division 3","Title 28","Chapter 525"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol12_Ch0501-0588/HRS0525/HRS_0525-0004.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"80f437a60c9cd25a91aaa4888cdcc7fbd83b3fa10cf156480f3d3477c6ebfbc4","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-525-3","next":"us-hi/haw.-rev.-stat.-525-5"},"notice":"GroundRules: Original legal text. Not legal advice."}