A powerholder’s substantial compliance with a formal requirement of appointment imposed in a governing instrument by the donor, including a requirement that the instrument exercising the power of appointment make reference or specific reference to the power shall be sufficient if:

(1) The powerholder knows of and intends to exercise the power; and
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Terms Used In Hawaii Revised Statutes 560:2-704

  • Donor: The person who makes a gift.
(2) The powerholder’s manner of attempted exercise does not impair a material purpose of the donor in imposing the requirement.

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