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Line 4 - Select if the Trust is Revocable or Irrevocable. If the Trust is Revocable, insert the names of the individual(s) with the power to revoke the Trust.Generally, you acquire a Certificate of Authority upon application and payment of fees. The fees and other jurisdictional requirements vary based on the state. Some states require that this statement be obtained within a certain time frame of the certificate of authority application, such as 30 or 60 days. Making a final determination to issue a Certificate of Authority. There are no minimum capital requirements to form a Washington State-chartered trust company. The Department suggests that a trustee with authority to sign for all trustees be listed as the primary contact on the application. A Certificate of Authority to establish an Illinois trust company will not be issued until all steps required to organize a trust company are completed. Please see instructions for completing this form on page 9.