Wash. Rev. Code § 11.98.065

Current through Chapters 1-163 and 165-376 of the 2024 Regular Session

Section 11.98.065 - Change in form of corporate trustee

Any appointment of a specific bank, trust company, or corporation as trustee is conclusively presumed to authorize the appointment or continued service of that entity's successor in interest in the event of a merger, acquisition, or reorganization, and no court proceeding is necessary to affirm the appointment or continuance of service.

RCW 11.98.065

1985 c 30 § 49. Prior: 1984 c 149 § 78.

Short title-Application-Purpose-Severability-1985 c 30: See RCW 11.02.900 through 11.02.903.

Severability-Effective dates-1984 c 149: See notes following RCW 11.02.005.