RCW 11.02.110
Transfer of shares or securities—Presumption of joint tenancy.
Whenever shares or other securities issued by domestic or foreign corporations are or have been issued or transferred to two or more persons in joint tenancy form on the books or records of the corporation, it is presumed in favor of the corporation, its registrar and its transfer agent that the shares or other securities are owned by such persons in joint tenancy and not otherwise. A domestic or foreign corporation or its registrar or transfer agent is not liable for transferring or causing to be transferred on the books of the corporation to or pursuant to the direction of the surviving joint tenant or tenants any share or shares or other securities theretofore issued by the corporation to two or more persons in joint tenancy form on the books or records of the corporation, unless the transfer was made with actual knowledge by the corporation or by its registrar or transfer agent of the existence of any understanding, agreement, condition, or evidence that the shares or securities were held other than in joint tenancy, or of the invalidity of the joint tenancy or a breach of trust by the joint tenants.
[ 1990 c 180 § 8.]
Structure Revised Code of Washington
Title 11 - Probate and Trust Law
Chapter 11.02 - General Provisions.
11.02.001 - Section headings in Title 11 RCW not part of law.
11.02.005 - Definitions and use of terms.
11.02.070 - Community property—Disposition—Probate administration of.
11.02.091 - Written instrument—Limit on characterization as testamentary.
11.02.100 - Transfer of shares of record—Dividends.
11.02.110 - Transfer of shares or securities—Presumption of joint tenancy.
11.02.120 - Transfer of shares—Liability.
11.02.900 - Short title—Washington trust act of 1984.
11.02.901 - Application—1985 c 30—Application of 1984 c 149 as amended and reenacted in 1985.