RCW 30A.26.040Requirements for special deposit.A deposit is a special deposit if it is:(1) A deposit of funds in a bank under an account agreement;(2) For the benefit of at least two beneficiaries, one or more of which may be a depositor;(3) Denominated in a medium of exchange that is currently authorized or adopted by a domestic or foreign government;(4) For a permissible purpose stated in the account agreement; and(5) Subject to a contingency.[ 2024 c 23 s 5.]
Washington Legal Code