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
Change in form of corporate trustee.
Known as the Washington Trust Act
The act spans §§ 11.98.002 to 11.98.930 (46 sections).
1985 c 30 s 49
Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.