Chapter 555 — Chapter 555
2 sections in this chapter.
HRS §555-1 Definitions
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§555-1 Definitions. As used in this chapter: "Employees trust" means any trust created by an employer as part of a stock bonus, pension, profit-sharing, or annuity plan for the exclusive benefit of some or all of the employer's employees, or their beneficiaries, to which contribu…
HRS §555-2 Trust not in violation of rule against perpetuities
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§555-2 Trust not in violation of rule against perpetuities. Any employees trust may continue for such time as may be necessary to accomplish the purposes for which it has been created and its income may be accumulated for such time as may be necessary to accomplish such purposes.…