ยง554-9 - Charitable trusts; leases.
ยง554-9ย Charitable trusts; leases.ย
Trustees of a charitable trust may modify, suspend, or waive the enforcement of
any provision of any lease or accept a surrender thereof if a leased land or
any structure built thereon has been destroyed in part or in whole by any
natural disaster, or the use of the land or the construction of any
improvements thereon has been restricted or prohibited in any manner by law,
ordinance, or regulation of any government agency due to natural disaster. [L
Sp 1960, c 8, ยง1; Supp, ยง340-9; HRS ยง554-9]