§429-4 Real and personal property; nonprofit association as legatee, devisee, or beneficiary. (a) A nonprofit association shall be a legal entity separate from its members for the purposes of acquiring, holding, encumbering, and transferring real and personal property.
(b) A nonprofit association in its name may acquire, hold, encumber, or transfer an estate or interest in real or personal property.
(c) A nonprofit association may be a beneficiary of a trust or contract, a legatee, or a devisee. [L 1999, c 161, pt of §1]
Structure Hawaii Revised Statutes
Title 23A. Other Business Entities
429. Uniform Unincorporated Nonprofit Association Act
429-2 Supplementary general principles of law and equity.
429-3 Territorial application.
429-4 Real and personal property; nonprofit association as legatee, devisee, or beneficiary.
429-5 Statement of authority as to real property.
429-6 Liability in contract and tort.
429-7 Capacity to assert and defend; standing.
429-8 Effect of judgment or order.
429-9 Disposition of personal property of inactive nonprofit association.
429-10 Appointment of agent to receive service of process.