Unitrusts — Unitrust policies.
RCW 11.104B.140
in effect(1) In administering a unitrust under this article, a fiduciary shall follow a unitrust policy adopted under RCW 11.104B.120 (1) (a) or (b) or amended or replaced under RCW 11.104B.120 (1)(b). (2) A unitrust policy must provide: (a) The unitrust rate or the method for determining the unitrust rate under RCW 11.104B.150 ; (b) The method for determining the applicable value under RCW 11.104B.160 ; and (c) The rules described in RCW 11.104B.150 through 11.104B.180 , which apply in the administration of the unitrust, whether the rules are: (i) Mandatory, as provided in RCW 11.104B.160 (1) and 11.104B.170 (1); or (ii) Optional, as provided in RCW 11.104B.150 , 11.104B.160 (2), 11.104B.170 (2), and 11.104B.180 (1), to the extent the fiduciary elects to adopt those rules.
(1) In administering a unitrust under this article, a fiduciary shall follow a unitrust policy adopted under RCW 11.104B.120 (1) (a) or (b) or amended or replaced under RCW 11.104B.120 (1)(b).
(2) A unitrust policy must provide:
(a) The unitrust rate or the method for determining the unitrust rate under RCW 11.104B.150 ;
(b) The method for determining the applicable value under RCW 11.104B.160 ; and
(c) The rules described in RCW 11.104B.150 through 11.104B.180 , which apply in the administration of the unitrust, whether the rules are:
(i) Mandatory, as provided in RCW 11.104B.160 (1) and 11.104B.170 (1); or
(ii) Optional, as provided in RCW 11.104B.150 , 11.104B.160 (2), 11.104B.170 (2), and 11.104B.180 (1), to the extent the fiduciary elects to adopt those rules.
Source: WA Statutes (Official Site)URL: https://app.leg.wa.gov/RCW/default.aspx?cite=11.104B&full=trueFetched: 6/28/2026