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Code · Washington · Title 30B — Washington Trust Institutions Act · Chapter 30B.64

RCW 30B.64.010

81 words·~1 min read·/wa/title-30b/chapter-30b-64/30b-64-010·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)A private trust or private trust company is exempt from the requirement of a certificate of authority or regulation under this title.
(2)Notwithstanding subsection
(1)of this section, a transfer or change of control of a private trust or private trust company to a person or persons other than family members constitutes unauthorized trust activity unless the resulting private trust company is a trust institution authorized to do business in this state.
[ 2014 c 37 s 398 .]
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