Washington § 32.08.215 - Power to act as trustee for common trust funds under multiple trust agreements — Conditions.

Full text of Washington Revised Code of Washington § 32.08.215 — Power to act as trustee for common trust funds under multiple trust agreements — Conditions., with citation guidance and answers to common questions.

§ 32.08.215. Power to act as trustee for common trust funds under multiple trust agreements — Conditions.

No mutual savings bank or wholly owned subsidiary thereof shall act as trustee for common trust funds established for the benefit of more than one beneficiary under more than one trust agreement, unless the savings bank or subsidiary trust company shall first give written notice to the director, at least sixty days prior to the creation of any such fund.
[ 1994 c 92 s 321; 1985 c 56 s 4.]

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

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Frequently Asked Questions About Washington § 32.08.215

What does Revised Code of Washington § 32.08.215 cover?

Section 32.08.215 ("Power to act as trustee for common trust funds under multiple trust agreements — Conditions.") 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 § 32.08.215?

A common citation format is "Revised Code of Washington § 32.08.215" (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 § 32.08.215 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

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.