Washington § 11.140.040 - Form and effect of receipt and acceptance by custodial trustee — Jurisdiction.

Full text of Washington Revised Code of Washington § 11.140.040 — Form and effect of receipt and acceptance by custodial trustee — Jurisdiction., with citation guidance and answers to common questions.

§ 11.140.040. Form and effect of receipt and acceptance by custodial trustee — Jurisdiction.

(1) Obligations of a custodial trustee, including the obligation to follow directions of the beneficiary, arise under this chapter upon the custodial trustee's acceptance, express or implied, of the custodial trust property.
(2) The custodial trustee's acceptance may be evidenced by a writing stating in substance:
CUSTODIAL TRUSTEE'S RECEIPT AND ACCEPTANCE
I, . . . . . (name of custodial trustee) acknowledge receipt of the custodial trust property described below or in the attached instrument and accept the custodial trust as custodial trustee for . . . . . (name of beneficiary) under the Washington uniform custodial trust act. I undertake to administer and distribute the custodial trust property pursuant to the Washington uniform custodial trust act. My obligations as custodial trustee are subject to the directions of the beneficiary unless the beneficiary is designated as, is, or becomes incapacitated. The custodial trust property consists of . . . . . (description of property).
Dated: . . . (date) . . .
. . . . .
(Signature of custodial trustee)
(3) Upon accepting custodial trust property, a person designated as custodial trustee under this chapter is subject to personal jurisdiction of the court with respect to any matter relating to the custodial trust.
[ 2025 c 111 s 4.]

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 11.140.040

What does Revised Code of Washington § 11.140.040 cover?

Section 11.140.040 ("Form and effect of receipt and acceptance by custodial trustee — Jurisdiction.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 11.140.040?

A common citation format is "Revised Code of Washington § 11.140.040" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 11.140.040 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

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