Washington: Trust Companies as LLCs

Effective July 22, 2012, Senate Bill 5375 will allow trust companies to “be organized as, or convert to, limited liability companies under certain conditions.” The bill, signed by Washington’s Governor Christine Gregoire back in April, amends a section of the Revised Code of Washington (RCW 30.08.025, specifically). The bill’s history, sponsors and content can be viewed here.


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