Private trusts and private trust companies exempt — Exception for change of control.

RCW 30B.64.010
in effect
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(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 constitutes unauthorized trust activity unless the resulting private trust company is a trust institution authorized to do business in this state. (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 constitutes unauthorized trust activity unless the resulting private trust company is a trust institution authorized to do business in this state.
Source: WA Statutes (Official Site)URL: https://app.leg.wa.gov/RCW/default.aspx?cite=30B.64&full=trueFetched: 6/29/2026
RCW 30B.64.010 — Private trusts and private trust companies exempt — Exception for change of control | Revised Code of Washington | Corpus