RCW 11.104B.020
253 words·~1 min read·
/wa/title-11/chapter-11-104b/11-104b-020·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)Except as otherwise provided in the terms of a trust or this chapter, this chapter applies when this state is the principal place of administration of a trust or estate, subject to the following rules:
(a)If the trust was created before January 1, 2022, this chapter applies only to a decision or action occurring on or after January 1, 2022; and
(b)If the principal place of administration of the trust is changed to this state on or after January 1, 2022, this chapter applies only to a decision or action occurring on or after the date of the change.
(2)Without precluding other means to establish a sufficient connection with the designated jurisdiction in a directed trust, terms of the trust which designate the principal place of administration of the trust are valid and controlling if:
(a)A trustee's principal place of business is located in or a trustee is a resident of the designated jurisdiction;
(b)A trust director's principal place of business is located in or a trust director is a resident of the designated jurisdiction; or
(c)All or part of the administration occurs in the designated jurisdiction.
(3)By accepting the trusteeship of a trust having its principal place of administration in this state or by moving the principal place of administration of a trust to this state, the trustee submits to the application of this chapter to any matter within the scope of this chapter involving the trust.
[ 2021 c 140 s 2104 .]