11.98B.900 – Uniformity of application and construction.
RCW 11.98B.900 Uniformity of application and construction. In applying and construing this uniform act, consideration must be given to the need to promote uniformity of the law with respect to its subject matter among states that enact it. [ 2020 c 303 § 17.]
11.98B.901 – Relation to electronic signatures in global and national commerce act.
RCW 11.98B.901 Relation to electronic signatures in global and national commerce act. This chapter modifies, limits, or supersedes the electronic signatures in global and national commerce act, 15 U.S.C. Sec. 7001 et seq., but does not modify, limit, or supersede section 101(c) of that act (15 U.S.C. Sec. 7001(c)) or authorize electronic delivery of any […]
11.98B.902 – Effective date—2020 c 303.
RCW 11.98B.902 Effective date—2020 c 303. This act takes effect January 1, 2021. [ 2020 c 303 § 20.]
11.98B.120 – Trust director—Action against—Limitation.
RCW 11.98B.120 Trust director—Action against—Limitation. (1) An action against a trust director for breach of trust must be commenced within the same limitation period under RCW 11.96A.070 as for an action for breach of trust against a trustee in a like position and under similar circumstances. (2) A report or accounting has the same effect […]
11.98B.130 – Trust director—Action against—Defenses.
RCW 11.98B.130 Trust director—Action against—Defenses. In an action against a trust director for breach of trust, the director may assert the same defenses a trustee in a like position and under similar circumstances could assert in an action for breach of trust against the trustee. [ 2020 c 303 § 14.]
11.98B.140 – Trust director—Personal jurisdiction.
RCW 11.98B.140 Trust director—Personal jurisdiction. (1) By accepting appointment as a trust director of a trust subject to this chapter, the director submits to personal jurisdiction of the courts of this state regarding any matter related to a power or duty of the director. (2) This section does not preclude other methods of obtaining jurisdiction […]
11.98B.150 – Trust director—Rules applicable to trustees apply.
RCW 11.98B.150 Trust director—Rules applicable to trustees apply. Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding the following matters: (1) Acceptance; (2) Giving of bond to secure performance; (3) Reasonable compensation; (4) Resignation; (5) Removal; and (6) Vacancy and appointment of successor. [ […]
11.98B.020 – Applicability—Principal place of administration.
RCW 11.98B.020 Applicability—Principal place of administration. (1) This chapter applies to a trust, whenever created, that has its principal place of administration in this state, subject to the following rules: (a) If the trust was created before January 1, 2021, this chapter applies only to a decision or action occurring on or after January 1, […]
11.98B.030 – Applicability—Exclusions—Power of appointment.
RCW 11.98B.030 Applicability—Exclusions—Power of appointment. (1) In this section, “power of appointment” means a power that enables a person acting in a nonfiduciary capacity to designate a recipient of an ownership interest in or another power of appointment over trust property. (2) This chapter does not apply to a: (a) Power of appointment; (b) Power […]
11.98B.040 – Common law and principles of equity supplement.
RCW 11.98B.040 Common law and principles of equity supplement. The common law and principles of equity supplement this chapter, except to the extent modified by this chapter or law of this state other than this chapter. [ 2020 c 303 § 4.]