Washington Statutes
§ 23.90.020 — Massachusetts trust defined.
Washington § 23.90.020
JurisdictionWashington
Title 23CORPORATIONS AND ASSOCIATIONS (PROFIT) (Business Corporation Act: See Title 23B RCW)
Ch. 23.90MASSACHUSETTS TRUSTS
This text of Washington § 23.90.020 (Massachusetts trust defined.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Wash. Rev. Code § 23.90.020 (2026).
Text
A Massachusetts trust is an unincorporated business association created at common law by an instrument under which property is held and managed by trustees for the benefit and profit of such persons as may be or may become the holders of transferable certificates evidencing beneficial interests in the trust estate, the holders of which certificates are entitled to the same limitation of personal liability extended to stockholders of private corporations.
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Related
Pacific American Realty Trust v. Lonctot
381 P.2d 123 (Washington Supreme Court, 1963)
Ago
(Washington Attorney General Reports, 1996)
Legislative History
[1959 c 220 s 2.]
Nearby Sections
15
§ 23.100.0101
Short title.§ 23.100.0102
Definitions.§ 23.100.0103
Nature of limited cooperative association.§ 23.100.0105
Powers.§ 23.100.0106
Governing law.§ 23.100.0107
Requirements of other laws.§ 23.100.0108
Relation to restraint of trade and antitrust laws.§ 23.100.0109
Effect of organic rules.§ 23.100.0110
Required information.§ 23.100.0112
Dual capacity.§ 23.100.0113
Use of the term "cooperative" in name.§ 23.100.0114
Subjects covered outside chapter.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 23.90.020, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/23.90.020.