Revised Code of Washington - RCW 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
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 ...
11.100.015 Guardians, guardianships and funds are subject to chapter
In addition to other fiduciaries, a guardian of any estate is a fiduciary within the meaning of this chapter; and in addition to other trusts, ...
11.100.020 Management of trust assets by fiduciary
(1) A fiduciary is authorized to acquire and retain every kind of property. In acquiring, investing, reinvesting, exchanging, selling and managing property for the benefit ...
11.100.023 Authority of fiduciary to invest in certain enterprises
Subject to the standards of RCW 11.100.020, a fiduciary is authorized to invest in new, unproven, untried, or other enterprises with a potential for significant ...
11.100.025 Spousal or domestic partnership deduction interests
Notwithstanding RCW 11.98.070(21)(a), 11.100.060, or any other statutory provisions to the contrary, with respect to trusts which require by their own terms or by operation ...
11.100.030 Investment in savings accounts -- Requirements
A corporation doing a trust business may invest trust funds in savings accounts with itself to the extent that deposits are insured by an agency ...
11.100.035 Investments in securities of certain investment trusts
(1) Within the standards of judgment and care established by law, and subject to any express provisions or limitations contained in any particular trust instrument, ...
11.100.037 Investment or distribution of funds held in fiduciary capacity -- Deposit in other departments authorized -- Collateral security required, exception
Funds held by a bank or trust company in a fiduciary capacity awaiting investment or distribution shall not be held uninvested or undistributed any longer ...
11.100.040 Court may permit deviation from terms of trust instrument
Nothing contained in this chapter shall be construed as restricting the power of a court of proper jurisdiction to permit a fiduciary to deviate from ...
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, ...
11.100.047 Fiduciary -- Duty to diversify
Subject to the provisions of RCW 11.100.060 and any express provisions in the trust instrument to the contrary, a fiduciary shall diversify the investments of ...
11.100.050 Scope of chapter
The provisions of this chapter govern fiduciaries acting under wills, agreements, court orders, and other instruments effective before or after January 1, 1985.[1985 c 30 ...
11.100.060 Fiduciary may hold and retain trust property -- Investments -- Liability
Subject to express provisions to the contrary in the trust instrument, any fiduciary may hold and retain any real or personal property received into or ...
11.100.070 Meaning of terms in trust instrument
The terms "legal investment" or "authorized investment" or words of similar import, as used in any such instrument, shall be taken to mean any investment ...
11.100.090 Dealings with self or affiliate
Unless the instrument creating the trust expressly provides to the contrary, any fiduciary in carrying out the obligations of the trust, may not buy or ...
11.100.120 Use of trust funds for life insurance
Subject to the standards of RCW 11.100.020, a fiduciary is authorized to use trust funds to acquire life insurance upon the life of any beneficiary ...
11.100.130 Person to whom power or authority to direct or control acts of fiduciary or investments of a trust is conferred deemed a fiduciary -- Liability
Whenever power or authority to direct or control the acts of a fiduciary or the investments of a trust is conferred directly or indirectly upon ...
11.100.140 Notice and procedure for nonroutine transactions
(1) A trustee shall not enter into a significant nonroutine transaction in the absence of a compelling circumstance without: (a) Providing the written notice called ...

Last modified: April 7, 2009