RCW 11.100.045
Fiduciary—Duty to beneficiaries.
A fiduciary shall invest and manage the trust assets solely in the interests of the trust beneficiaries. If a trust has two or more beneficiaries, the fiduciary shall act impartially in investing and managing the trust assets, taking into account any differing interests of the beneficiaries.
[ 1995 c 307 § 4.]
NOTES:
Application—1995 c 307: See note following RCW 11.100.010.
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.