ยง501-216ย  State, not liable when.ย  The
State shall not be liable to pay for any loss, damage, or deprivation
occasioned by a breach of trust, whether expressed, implied, or constructive,
by any registered owner who is a trustee, or by the improper exercise of any
power of sale in a mortgage.ย  Nor shall any plaintiff prosecuting a contract
claim under this chapter recover as compensation more than the fair market
value of the real estate at the time when the plaintiff suffered the loss,
damage, or deprivation thereof. [L 1903, c 56, ยง102; RL 1925, ยง3292; am L 1932
2d, c 33, ยง5; RL 1935, ยง5103; RL 1945, ยง12703; RL 1955, ยง342-103; HRS ยง501-216;
am L 1972, c 91, ยง1(pp); gen ch 1985]