§ 11.98.140. Distribution and vesting of assets
If, during the one hundred fifty years following the effective date of an instrument creating a trust, any of the trust assets should by the terms of the instrument or pursuant to any further trust or other disposition resulting from exercise of the power of appointment granted in or created through authority under such instrument, become distributable or any beneficial interest in any of the trust assets should by the terms of the instrument, or such further trust or other disposition become vested, such assets shall be distributed and such beneficial interest shall validly vest in accordance with the instrument, or such further trust or other disposition.
[2001 c 60 § 2; 1985 c 30 § 56. Prior: 1984 c 149 § 88; 1965 c 145 § 11.98.020; prior: 1959 c 146 § 2. Formerly RCW 11.98.020.]
Notes:
Application -- 2001 c 60: See note following RCW 11.98.130.
Short title -- Application -- Purpose -- Severability -- 1985 c 30: See RCW 11.02.900 through 11.02.903.
Severability -- Effective dates -- 1984 c 149: See notes following RCW 11.02.005.
Sections: Previous 11.98.065 11.98.070 11.98.080 11.98.090 11.98.100 11.98.110 11.98.130 11.98.140 11.98.150 11.98.160 11.98.170 11.98.200 11.98.210 11.98.220 11.98.230 Next
Last modified: April 7, 2009