RCW 11.100.010
Provisions of chapter to control—Alteration by controlling instrument.
Any corporation, association, or person handling or investing trust funds as a fiduciary shall be governed in the handling and investment of such funds as in this chapter specified. A fiduciary who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with requirements of this chapter. The specific requirements of this chapter may be expanded, restricted, eliminated, or otherwise altered by provisions of the controlling instrument.
[ 1995 c 307 § 1; 1985 c 30 § 63. Prior: 1955 c 33 § 30.24.010; prior: 1947 c 100 § 1; Rem. Supp. 1947 § 3255-10a. Formerly RCW 30.24.010.]
NOTES:
Application—1995 c 307: "This act applies prospectively only and not retroactively." [ 1995 c 307 § 7.]
Short title—Application—Purpose—Severability—1985 c 30: See RCW 11.02.900 through 11.02.903.
Structure Revised Code of Washington
Title 11 - Probate and Trust Law
Chapter 11.100 - Investment of Trust Funds.
11.100.010 - Provisions of chapter to control—Alteration by controlling instrument.
11.100.015 - Guardians, guardianships and funds are subject to chapter.
11.100.020 - Management of trust assets by fiduciary.
11.100.023 - Authority of fiduciary to invest in certain enterprises.
11.100.025 - Spousal or domestic partnership deduction interests.
11.100.030 - Investment in savings accounts—Requirements.
11.100.035 - Investments in securities of certain investment trusts.
11.100.040 - Court may permit deviation from terms of trust instrument.
11.100.045 - Fiduciary—Duty to beneficiaries.
11.100.047 - Fiduciary—Duty to diversify.
11.100.050 - Scope of chapter—RCW 11.68.090 prevails.
11.100.060 - Fiduciary may hold and retain trust property—Investments—Liability.
11.100.070 - Meaning of terms in trust instrument.
11.100.090 - Dealings with self or affiliate.
11.100.120 - Use of trust funds for life insurance.
11.100.140 - Notice and procedure for nonroutine transactions.