Washington · statute · Wash. Rev. Code ch. 30B.64 · 4 active provisions
Unless the context clearly requires otherwise, the definitions in this section apply to the provisions of this chapter.(1) "Change of control" means to transfer or sell control of a private trust or private trust company to a person or persons other than family members.(2) "Common ancestor" has the same meaning as an i…
(1) A private trust or private trust company is exempt from the requirement of a certificate of authority or regulation under this title.(2) Notwithstanding subsection (1) of this section, a transfer or change of control of a private trust or private trust company to a person or persons other than family members consti…
A private trust or private trust company which seeks to convert to one transacting business with the general public in this state must apply for and obtain a certificate of authority as a state trust company under chapter 30B.08 RCW or a federal charter or charter from another state which would permit it to conduct tru…
The provisions of this chapter do not affect the exemptions for persons acting pursuant to RCW 30B.04.040.