§551E-35 Tangible personal property. Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to tangible personal property shall authorize the agent to:
(1) Demand, buy, receive, accept as a gift or as security for an extension of credit, or otherwise acquire or reject ownership or possession of tangible personal property or an interest in tangible personal property;
(2) Sell; exchange; convey with or without covenants, representations, or warranties; quitclaim; release; surrender; create a security interest in; grant options concerning; lease; sublease; or otherwise dispose of tangible personal property or an interest in tangible personal property;
(3) Grant a security interest in tangible personal property or an interest in tangible personal property as security to borrow money or pay, renew, or extend the time of payment of a debt of the principal or a debt guaranteed by the principal;
(4) Release, assign, satisfy, or enforce by litigation or otherwise, a security interest, lien, or other claim on behalf of the principal, with respect to tangible personal property or an interest in tangible personal property;
(5) Manage or conserve tangible personal property or an interest in tangible personal property on behalf of the principal, including:
(A) Insuring against liability or casualty or other loss;
(B) Obtaining or regaining possession of or protecting the property or interest, by litigation or otherwise;
(C) Paying, assessing, compromising, or contesting taxes or assessments or applying for and receiving refunds in connection with taxes or assessments;
(D) Moving the property from place to place;
(E) Storing the property for hire or on a gratuitous bailment; and
(F) Using and making repairs, alterations, or improvements to the property; and
(6) Change the form of title of an interest in tangible personal property. [L 2014, c 22, pt of §1]
Structure Hawaii Revised Statutes
Title 30. Guardians and Trustees
551E. Uniform Power of Attorney Act
551E-4 Nomination of conservator or guardian; relation of agent to court-appointed fiduciary.
551E-5 Effective date of power of attorney.
551E-6 Termination of power of attorney or agent's authority.
551E-7 Co-agents and successor agents.
551E-8 Reimbursement and compensation of agent.
551E-14 Agent's resignation; notice.
551E-15 Acceptance of and reliance upon acknowledged power of attorney.
551E-16 Liability for refusal to accept acknowledged power of attorney.
551E-17 Principles of law and equity.
551E-18 Laws applicable to financial institutions and entities.
551E-19 Remedies under other law.
551E-31 Authority that requires specific grant; grant of general authority.
551E-32 Incorporation of authority.
551E-33 Construction of authority generally.
551E-35 Tangible personal property.
551E-37 Commodities and options.
551E-38 Banks and other financial institutions.
551E-39 Operation of entity or business.
551E-40 Insurance and annuities.
551E-41 Estates, trusts, and other beneficial interests.
551E-42 Claims and litigation.
551E-43 Personal and family maintenance.
551E-44 Benefits from governmental programs or civil or military service.
551E-51 Statutory form power of attorney.
551E-52 Agent's certification.
551E-61 Uniformity of application and construction.
551E-62 Relation to Electronic Signatures in Global and National Commerce Act.