RCW 30B.20.005 General prohibition on deposit taking. 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 […]
RCW 30B.20.010 Trust deposits as a client investment—Security fund. (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; […]
RCW 30B.20.020 Common trust funds—Collective investment funds. (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 investment and […]
