LegalFix
Sign In

11.100.045 Fiduciary—Duty to beneficiaries.

WA Rev Code § 11.100.045 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

RCW 11.100.045 Fiduciary—Duty to beneficiaries.

A fiduciary shall invest and manage the trust assets solely in the interests of the trust beneficiaries. If a trust has two or more beneficiaries, the fiduciary shall act impartially in investing and managing the trust assets, taking into account any differing interests of the beneficiaries.

[ 1995 c 307 § 4.]

NOTES:

Application—1995 c 307: See note following RCW 11.100.010.

Previous Section
11.100.040 Court may permit deviation from terms of trust instrument.
Next Section
11.100.047 Fiduciary—Duty to diversify.