# RCW 30B.04.050: RCW 30B.04.050: Persons subject to the requirement of a certificate of authority or approval under this title

> Washington · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_WA_T30B_C04_S050

## Section

- **Citation:** RCW 30B.04.050
- **Heading:** RCW 30B.04.050: Persons subject to the requirement of a certificate of authority or approval under this title
- **Jurisdiction:** Washington
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Washington Code / Title 30B / Chapter 04 / Section 050

## Text

(1) A person may not engage in unauthorized trust activity in this state. (2) As a condition of engaging in trust business in this state, an out-of-state trust institution is required to obtain approval from the director and is subject to all other requirements of chapter 30B.38 RCW. (3) As a condition of engaging in trust business in this state, a person, other than an out-of-state trust institution or an exempt person under RCW 30B.04.040 , is required to organize and obtain a certificate of authority as a state trust company pursuant to chapter 30B.08 RCW. (4) A person who violates the requirements of subsection (2) or (3) of this section, as applicable, engages in unauthorized trust activity and is subject to enforcement by the director as set forth in chapter 30B.10 RCW.

## Nearby sections

- [RCW 30B.04.002 RCW 30B.04.002: Short title.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T30B_C04_S002.md)
- [RCW 30B.04.005 RCW 30B.04.005: Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T30B_C04_S005.md)
- [RCW 30B.04.010 RCW 30B.04.010: Name of trust institution—Use of trust in name.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T30B_C04_S010.md)
- [RCW 30B.04.020 RCW 30B.04.020: Rules—Administration and interpretation of title.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T30B_C04_S020.md)
- [RCW 30B.04.030 RCW 30B.04.030: Persons authorized to act as a fiduciary.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T30B_C04_S030.md)
- [RCW 30B.04.040 RCW 30B.04.040: Activities not requiring certificate of authority or approval under this title.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T30B_C04_S040.md)
- [RCW 30B.04.050 RCW 30B.04.050: Persons subject to the requirement of a certificate of authority or approval under this title.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T30B_C04_S050.md)
- [RCW 30B.04.060 RCW 30B.04.060: Confidentiality of examination information.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T30B_C04_S060.md)
- [RCW 30B.04.070 RCW 30B.04.070: Limits on loans to insiders and affiliates—Exceptions.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T30B_C04_S070.md)
- [RCW 30B.04.080 RCW 30B.04.080: Transactions in state trust company shares.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T30B_C04_S080.md)
- [RCW 30B.04.090 RCW 30B.04.090: Investment of corporate funds—Securities.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T30B_C04_S090.md)
- [RCW 30B.04.100 RCW 30B.04.100: Investment in corporations—Subsidiaries.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T30B_C04_S100.md)
- [RCW 30B.04.110 RCW 30B.04.110: Pledge of assets.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T30B_C04_S110.md)
- [RCW 30B.04.120 RCW 30B.04.120: Investment in state trust company facilities.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T30B_C04_S120.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_WA_T30B_C04_S050. Check the current official text before relying on it. Not legal advice.