Z-0423.2  _______________________________________________

                         SENATE BILL 5804

          _______________________________________________

State of Washington      54th Legislature     1995 Regular Session

By Senators Johnson and Long; by request of Secretary of State

Read first time 02/07/95.  Referred to Committee on Law & Justice.

Clarifying procedures for release of a power of appointment.

    AN ACT Relating to release of power of appointment; amending RCW 11.95.030; and repealing RCW 11.95.050.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

    Sec. 1.  RCW 11.95.030 and 1985 c 30 s 33 are each amended to read as follows:

(1) In order to be effective as a release of a power, the instrument of release must be delivered to any trustee or co-trustee of the property, and the person holding the property, to which the power relates.  ((Delivery of))

(2) In addition to the delivery required under subsection (1) of this section, a copy of the instrument of release may be ((made to the secretary of state)) published in a legal newspaper of general circulation in the county in which all or the greatest portion of the property is located, which shall from the time of ((delivery)) publication constitute notice of the release to all other persons.

NEW SECTION. Sec. 2.  RCW 11.95.050 and 1985 c 30 s 35 are each repealed.

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