RCW 68.44.130
Bank or trust company as trustee.
In lieu of the appointment of a board of trustees of its endowment care fund, a cemetery authority may appoint, as sole trustee of its endowment care fund, any bank or trust company qualified to engage in the trust business. The bank or trust company shall be authorized to receive and accept the endowment care fund at the time of its appointment.
[ 2005 c 365 § 121; 1987 c 331 § 46; 1943 c 247 § 113; Rem. Supp. 1943 § 3778-113.]
Structure Revised Code of Washington
Title 68 - Cemeteries, Morgues, and Human Remains
Chapter 68.44 - Endowment Care Fund.
68.44.010 - Funds authorized—Investments.
68.44.020 - Use and care of funds.
68.44.030 - Authorized investments.
68.44.060 - Unauthorized loans—Penalty.
68.44.070 - Use of contributions to funds.
68.44.080 - Plans for care—Financing.
68.44.090 - Covenant to care for cemetery.
68.44.100 - Agreement by owner to care for plot.
68.44.115 - Trustee to file statement with board—Resignation of trusteeship.
68.44.120 - Directors as trustees—Secretary.
68.44.130 - Bank or trust company as trustee.
68.44.140 - Compensation of trustees.
68.44.170 - Use of income from fund.