CERTIFICATION OF ENROLLMENT

 

                  SUBSTITUTE SENATE BILL 5804

 

                    Chapter 91, Laws of 1995

 

 

                        54th Legislature

                      1995 Regular Session

 

 

                Power of appointment‑-Release of

 

 

                    EFFECTIVE DATE:  7/23/95

Passed by the Senate March 9, 1995

  YEAS 47   NAYS 0

 

 

 

JOEL PRITCHARD

President of the Senate

 

Passed by the House April 6, 1995

  YEAS 97   NAYS 0

             CERTIFICATE

 

I, Marty Brown, Secretary of the Senate of the State of Washington, do hereby certify that the attached is SUBSTITUTE SENATE BILL 5804 as passed by the Senate and the House of Representatives on the dates hereon set forth.

 

 

 

  CLYDE BALLARD

Speaker of the

      House of Representatives

MARTY BROWN

                            Secretary

 

 

Approved April 18, 1995 Place Style On Codes above, and Style Off Codes below.

                                FILED          

 

 

           April 18, 1995 - 1:20 p.m.

 

 

 

    MIKE LOWRY

Governor of the State of Washington

                   Secretary of State

                  State of Washington


          _______________________________________________

 

                    SUBSTITUTE SENATE BILL 5804

          _______________________________________________

 

             Passed Legislature - 1995 Regular Session

 

State of Washington      54th Legislature     1995 Regular Session

 

By Senate Committee on Law & Justice (originally sponsored by Senators Johnson and Long; by request of Secretary of State)

 

Read first time 02/28/95.

 

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 at least once within thirty days of the delivery required under subsection (1) of this section, 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.


    Passed the Senate March 9, 1995.

    Passed the House April 6, 1995.

Approved by the Governor April 18, 1995.

    Filed in Office of Secretary of State April 18, 1995.


 


                            --- END ---