RCW 11.98.108

Nonliability of trustee—Beneficiary's consent, release, or ratification.

Known as the Washington Trust Act

The act spans §§ 11.98.002 to 11.98.930 (46 sections).

Applied in 1 court decision — leading case In re Breast Cancer Prevention Fund (2017)

Most recently applied in In re Breast Cancer Prevention Fund (August 2017)

2011 c 327 s 30.

A trustee is not liable to a beneficiary for breach of trust if the beneficiary consented to the conduct constituting the breach, released the trustee from liability for the breach, or ratified the transaction constituting the breach, unless:

(1) The consent, release, or ratification of the beneficiary was induced by improper conduct of the trustee; or

(2) At the time of the consent, release, or ratification, the beneficiary did not know of the beneficiary's rights or of the material facts relating to the breach.

Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.