Washington § 30A.08.150 - Banks engaged in trust business.

Full text of Washington Revised Code of Washington § 30A.08.150 — Banks engaged in trust business., with citation guidance and answers to common questions.

§ 30A.08.150. Banks engaged in trust business.

(1) Upon the issuance of a certificate of authority to a bank, the persons named in the articles of incorporation and their successors shall have the power to engage in trust business and other business the same as a state trust company as set forth in *RCW 30B.08.080(1) (b) through (q).
(2) Notwithstanding the powers of a trust business set forth in *RCW 30B.08.080(1) (b) through (k) and as the director may designate by rule pursuant to *RCW 30B.08.080(1)(q), a bank shall notify the director prior to commencing trust business, and comply with additional preconditions as may be required by the board of governors of the federal reserve system, the federal deposit insurance corporation, or by rule adopted by the director.
(3) A bank under this title is deemed to be a trust company for purposes of authorization to be a personal representative under RCW 11.36.010.
[ 2014 c 37 s 167; 2011 c 336 s 746; 1973 1st ex.s. c 154 s 48; 1955 c 33 s 30.08.150. Prior: 1929 c 72 s 4, part; 1923 c 115 s 6, part; 1921 c 94 s 1, part; 1917 c 80 s 24, part; RRS s 3231, part. Formerly RCW 30.08.150.]

Notes

*Reviser's note: RCW 30B.08.080 was amended by 2019 c 389 s 10, changing subsection (1)(a) through (q) to subsection (1)(a) through (d).
Severability—1973 1st ex.s. c 154: See note following RCW 2.12.030.

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

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Frequently Asked Questions About Washington § 30A.08.150

What does Revised Code of Washington § 30A.08.150 cover?

Section 30A.08.150 ("Banks engaged in trust business.") 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 § 30A.08.150?

A common citation format is "Revised Code of Washington § 30A.08.150" (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.

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Sources & Verification

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