Washington · statute · Wash. Rev. Code ch. 11.102 · 5 active provisions
Any bank or trust company qualified to act as fiduciary in this state, or in any other state if affiliated with a bank or trust company qualified to act as fiduciary in this state, may establish common trust funds for the purpose of furnishing investments to itself and its affiliated or related bank or trust company as…
Unless ordered by a court of competent jurisdiction the bank or trust company operating such common trust funds is not required to render a court accounting with regard to such funds; but it may, by application to the superior court, secure approval of such an accounting on such conditions as the court may establish.
This chapter shall apply to fiduciary relationships in existence on June 11, 1943, or thereafter established.
This chapter shall be so interpreted and construed to effectuate its general purpose to make uniform the laws of those states which enact it.
This chapter may be cited as the uniform common trust fund act.