Title 30B — Title 30B WASHINGTON TRUST INSTITUTIONS ACT
14 chapters · 156 sections in this title.
RCW 30B.20.005 General prohibition on deposit taking.
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Except as authorized by this chapter or other governing law, a trust company may not take or hold deposits of funds in this state unless:(1) It is authorized to do business in this state as a depository institution; and(2) Complies with all applicable federal and state laws and r…
RCW 30B.20.010 Trust deposits as a client investment—Security fund.
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(1) The director may establish by rule a plan for the safe and sound deposit of trust funds by a state trust company with itself as an investment, if:(a) The investment of the trust deposits is authorized in writing by the settlor or the beneficiary;(b) The state trust company ma…
RCW 30B.20.020 Common trust funds—Collective investment funds.
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(1) Consistent with RCW 11.102.010, a state trust company may establish common trust funds to provide investment to itself as a fiduciary.(2) The director may adopt rules to administer and carry out this section and RCW 11.102.010, including but not limited to rules to establish …