When the happening of any event, including but not limited to such events as marriage, divorce, performance of educational requirements, or death, affects the administration or distribution of the trust, then a trustee who has exercised reasonable care to ascertain the happening of the event is not liable for any action or inaction based on lack of knowledge of the event. A corporate trustee is not liable prior to receiving such knowledge or notice in its trust department office where the trust is being administered.
RCW 11.98.100
Nonliability for action or inaction based on lack of knowledge of events.
Known as the Washington Trust Act
The act spans §§ 11.98.002 to 11.98.930 (46 sections).
1985 c 30 s 53
Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.