5/24/06 – Demonstrating a lack of Aloha spirit, the state legislature failed to tighten Hawaii’s prepaid trusting laws for the second year in a row – SB 60 failed. This, despite the fact that the state is suing the islands’ largest funeral business for improperly diverting more than $20 million in consumers’ prepaid money. Hawaii now shares the honor of being tied with Florida and for the most anti-consumer prepaid funeral trusting deposit laws in the country. Way to go, Hawaii.
