# RCW 11.104B.100: RCW 11.104B.100: Unitrusts—Definitions

> Washington · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_WA_T11_C104B_S100

## Section

- **Citation:** RCW 11.104B.100
- **Heading:** RCW 11.104B.100: Unitrusts—Definitions
- **Jurisdiction:** Washington
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Washington Code / Title 11 / Chapter 104B / Section 100

## Text

The definitions in this section apply throughout this article unless the context clearly requires otherwise. (1) "Applicable value" means the amount of the net fair market value of a trust taken into account under RCW 11.104B.160 . (2) "Express unitrust" means a trust for which, under the terms of the trust without regard to this article, income or net income must or may be calculated as a unitrust amount. (3) "Income trust" means a trust that is not a unitrust. (4) "Net fair market value of a trust" means the fair market value of the assets of the trust, less the noncontingent liabilities of the trust. (5) "Unitrust" means a trust for which net income is a unitrust amount. The term includes an express unitrust. (6) "Unitrust amount" means an amount computed by multiplying a determined value of a trust by a determined percentage. For a unitrust administered under a unitrust policy, the term means the applicable value, multiplied by the unitrust rate. (7) "Unitrust policy" means a policy described in RCW 11.104B.140 through 11.104B.180 and adopted under RCW 11.104B.120 . (8) "Unitrust rate" means the rate used to compute the unitrust amount under subsection (6) of this section for a unitrust administered under a unitrust policy.

## Nearby sections

- [RCW 11.104B.001 RCW 11.104B.001: Short title.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T11_C104B_S001.md)
- [RCW 11.104B.005 RCW 11.104B.005: Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T11_C104B_S005.md)
- [RCW 11.104B.010 RCW 11.104B.010: Scope.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T11_C104B_S010.md)
- [RCW 11.104B.020 RCW 11.104B.020: Governing law.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T11_C104B_S020.md)
- [RCW 11.104B.050 RCW 11.104B.050: Fiduciary duties—General principles.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T11_C104B_S050.md)
- [RCW 11.104B.060 RCW 11.104B.060: Fiduciary duties—Judicial review of exercise of discretionary power—Request for instruction.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T11_C104B_S060.md)
- [RCW 11.104B.070 RCW 11.104B.070: Fiduciary duties—Power to adjust.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T11_C104B_S070.md)
- [RCW 11.104B.100 RCW 11.104B.100: Unitrusts—Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T11_C104B_S100.md)
- [RCW 11.104B.110 RCW 11.104B.110: Unitrusts—Application—Duties and remedies.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T11_C104B_S110.md)
- [RCW 11.104B.120 RCW 11.104B.120: Unitrusts—Authority of fiduciary.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T11_C104B_S120.md)
- [RCW 11.104B.130 RCW 11.104B.130: Unitrusts—Notice.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T11_C104B_S130.md)
- [RCW 11.104B.140 RCW 11.104B.140: Unitrusts—Unitrust policies.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T11_C104B_S140.md)
- [RCW 11.104B.150 RCW 11.104B.150: Unitrusts—Unitrust rates.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T11_C104B_S150.md)
- [RCW 11.104B.160 RCW 11.104B.160: Unitrusts—Applicable value.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T11_C104B_S160.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_WA_T11_C104B_S100. Check the current official text before relying on it. Not legal advice.