§556-1 Definition of terms. (a) In this chapter unless the context or subject matter otherwise requires:
"Bank" includes any person or association of persons, whether incorporated or not, carrying on the business of banking.
"Fiduciary" includes a trustee under any trust, expressed, implied, resulting, or constructive, personal representative, guardian, conservator, curator, receiver, trustee in bankruptcy, assignee for the benefit of creditors, partner, agent, officer of a corporation, public or private, public officer, or any other person acting in a fiduciary capacity for any person, trust or estate.
"Person" includes a corporation, partnership, or other association, or two or more persons having a joint or common interest.
"Principal" includes any person to whom a fiduciary as such owes an obligation.
(b) A thing is done "in good faith", when it is in fact done honestly, whether it be done negligently or not. [L 1945, c 197, §1; RL 1955, §189-1; HRS §556-1; am L 1976, c 200, pt of §1]
Structure Hawaii Revised Statutes
Title 30. Guardians and Trustees
556-2 Application of payments made to fiduciaries.
556-3 Transfer of negotiable instrument by fiduciary.
556-4 Check drawn by fiduciary payable to third person.
556-5 Check drawn by and payable to fiduciary.
556-6 Deposit in name of fiduciary as such.
556-7 Deposit in name of principal.
556-8 Deposit in fiduciary's personal account.