(a) A security interest is not invalid or fraudulent against creditors solely because:
Terms Used In Hawaii Revised Statutes 490:9-205
Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
(1) The debtor has the right or ability to:
(A) Use, commingle, or dispose of all or part of the collateral, including returned or repossessed goods;(B) Collect, compromise, enforce, or otherwise deal with collateral;(C) Accept the return of collateral or make repossessions; or(D) Use, commingle, or dispose of proceeds; or(2) The secured party fails to require the debtor to account for proceeds or replace collateral.(b) This section does not relax the requirements of possession if attachment, perfection, or enforcement of a security interest depends upon possession of the collateral by the secured party.