TRUSTS



 



§501-131  Transfer in trust; procedure. 
Whenever a deed or other instrument is filed or recorded for the purpose of
transferring registered land in trust, or upon any equitable condition or
limitation expressed therein, or for the purpose of creating or declaring a
trust or other equitable interest in land without transfer, the particulars of
the trust, condition, limitation, or other equitable interest shall not be
entered on the certificate; but a memorandum thereon shall be entered by the
words "in trust", or "upon condition", or other apt words,
and by a reference by number to the instrument authorizing or creating the
same.  The assistant registrar shall note upon the original instrument creating
or declaring the trust or other equitable interest a reference by number of the
certificate of title to which it relates.  If the instrument creating or
declaring a trust or other equitable interest is already recorded in the bureau
of conveyances or admitted to probate, or any order of a federal court creating
or declaring a trust in real property has been made, a certified copy may be
filed or recorded by the assistant registrar and registered. [L 1903, c 56,
§65; RL 1925, §3254; RL 1935, §5064; RL 1945, §12664; RL 1955, §342-64; HRS
§501-131; am L 1986, c 246, §11; am L 1988, c 346, §13]



 



Rules of Court



 



  Transfer in trust, see RLC rule 61.