{"data":{"id":"us-hi/haw.-rev.-stat.-557a-402","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 557A-402","heading":"Distribution from trust or estate.","body":"Subject to the terms of a recipient trust, an amount received as a distribution of income from a trust or an estate in which the trust has an interest other than a purchased interest shall be allocated to income. An amount received as a distribution of principal from such a trust or estate shall be allocated to principal. If a trustee purchases an interest in a trust that is an investment entity, or a decedent or donor transfers an interest in such a trust to a trustee, section 557A-401 or 557A-415 shall apply to a receipt from the trust.","path":["HI Code","Division 3","Title 30","Chapter 557A"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol12_Ch0501-0588/HRS0557A/HRS_0557A-0402.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"55d18bb245eb16334b0757b2e07600369a7852152ad34bc3e3e23c36a44f2a51","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-557a-303","next":"us-hi/haw.-rev.-stat.-557a-403"},"notice":"GroundRules: Original legal text. Not legal advice."}