Washington Code 48.35.140 – Trusteed assets — Substitution of trustee
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A new trustee may be substituted for the original trustee of trusteed assets in the event of a vacancy or for other proper cause. Any such substitution is subject to the commissioner’s approval.
[ 1991 c 268 § 14.]
Terms Used In Washington Code 48.35.140
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Trustee: A person or institution holding and administering property in trust.