Unitrusts — Period.

RCW 11.104B.170
in effect
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(1) A unitrust policy must provide the period used under RCW 11.104B.150 and 11.104B.160 . Except as otherwise provided in RCW 11.104B.180 (2)(c), the period may be: (a) A calendar year; (b) A 12-month period other than a calendar year; (c) A calendar quarter; (d) A three-month period other than a calendar quarter; or (e) Another period. (2) Except as otherwise provided in RCW 11.104B.180 (2), a unitrust policy may provide standards for: (a) Using fewer preceding periods under RCW 11.104B.150 (1)(b)(ii) or (2)(c) or (d) if: (i) The trust was not in existence in a preceding period; or (ii) Market indices or other published data are not available for a preceding period; (b) Using fewer preceding periods under RCW 11.104B.160 (2) (e)(i) or (ii), (f)(ii), or (g)(ii) if: (i) The trust was not in existence in a preceding period; or (ii) Fair market values are not available for a preceding period; and (c) Prorating the unitrust amount on a daily basis for a part of a period in which the trust or the administration of the trust as a unitrust or the interest of any beneficiary commences or terminates. (1) A unitrust policy must provide the period used under RCW 11.104B.150 and 11.104B.160 . Except as otherwise provided in RCW 11.104B.180 (2)(c), the period may be: (a) A calendar year; (b) A 12-month period other than a calendar year; (c) A calendar quarter; (d) A three-month period other than a calendar quarter; or (e) Another period. (2) Except as otherwise provided in RCW 11.104B.180 (2), a unitrust policy may provide standards for: (a) Using fewer preceding periods under RCW 11.104B.150 (1)(b)(ii) or (2)(c) or (d) if: (i) The trust was not in existence in a preceding period; or (ii) Market indices or other published data are not available for a preceding period; (b) Using fewer preceding periods under RCW 11.104B.160 (2) (e)(i) or (ii), (f)(ii), or (g)(ii) if: (i) The trust was not in existence in a preceding period; or (ii) Fair market values are not available for a preceding period; and (c) Prorating the unitrust amount on a daily basis for a part of a period in which the trust or the administration of the trust as a unitrust or the interest of any beneficiary commences or terminates.
Source: WA Statutes (Official Site)URL: https://app.leg.wa.gov/RCW/default.aspx?cite=11.104B&full=trueFetched: 6/28/2026

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