WSR 99-10-024

PERMANENT RULES

DEPARTMENT OF

FINANCIAL INSTITUTIONS

[ Filed April 28, 1999, 9:52 a.m. , effective June 25, 1999 ]

Date of Adoption: April 27, 1999.

Purpose: To increase fees of the Division of Banks (DOB) in an amount up to the "fiscal growth factor" through July 1, 2001.

Citation of Existing Rules Affected by this Order: Amending chapters 50-44 and 419-14 WAC.

Statutory Authority for Adoption: RCW 30.04.030, 30.04.070, 30.08.095, 33.04.025, 43.320.040.

Adopted under notice filed as WSR 99-07-131 on March 24, 1999 (published on April 7, 1999).

Number of Sections Adopted in Order to Comply with Federal Statute: New 0, Amended 0, Repealed 0; Federal Rules or Standards: New 0, Amended 0, Repealed 0; or Recently Enacted State Statutes: New 0, Amended 0, Repealed 0.

Number of Sections Adopted at Request of a Nongovernmental Entity: New 0, Amended 0, Repealed 0.

Number of Sections Adopted on the Agency's Own Initiative: New 0, Amended 2, Repealed 0.

Number of Sections Adopted in Order to Clarify, Streamline, or Reform Agency Procedures: New 0, Amended 0, Repealed 0.

Number of Sections Adopted Using Negotiated Rule Making: New 0, Amended 0, Repealed 0; Pilot Rule Making: New 0, Amended 0, Repealed 0; or Other Alternative Rule Making: New 0, Amended 0, Repealed 0. Effective Date of Rule: June 25, 1999.

April 27, 1999

John L. Bley

Director

OTS-2969.1


NEW SECTION
WAC 50-44-037
Charges and fees effective June 25, 1999.

Effective June 25, 1999, the rate of charges and fees under WAC 50-12-045, 50-44-020 and 50-44-030 shall be as follows:

(1) WAC 50-12-045 (1)(c) and (d) - The fee shall be $100.00 for the issuance and filing of certificates.

(2) WAC 50-12-045 (1)(e) - The fee shall be 50 cents per page.

(3) WAC 50-12-045(2) - The fee shall be $93.76 per employee hour expended.

(4) WAC 50-44-020(1) - The rates shall be the following:


If total assets are:The assessment is:



Over But not

Over

This AmountPlusOf Excess

Over




MillionMillionMillion
05000.0000146680
5001,0007,344.000014064500
1,00010,00014,366.0000138551,000
10,000139,061.00010,000


(5) WAC 50-44-020(2) - The rate shall be .000036659.

(6) WAC 50-44-030(1) - The fee shall be $67.71 per hour.

(7) WAC 50-44-030(2) - The fee shall be $93.76 per hour.

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NEW SECTION
WAC 50-44-039
Charges and fees effective July 1, 1999.

(1) Effective July 1, 1999, the rate of charges and fees under WAC 50-12-045, 50-44-020 and 50-44-030 shall be as follows:

(a) WAC 50-12-045 (1)(c) and (d) - The fee shall be $100.00 for the issuance and filing of certificates.

(b) WAC 50-12-045 (1)(e) - The fee shall be 50 cents per page.

(c) WAC 50-12-045(2) - The fee shall be $96.87 per employee hour expended.

(d) WAC 50-44-020(1) - The rates shall be the following:


If total assets are:The assessment is:



OverBut not

Over

This AmountPlusOf Excess

Over




MillionMillionMillion
05000.00001515490
5001,0007,577.0000145309500
1,00010,00014,842.00001431491,000
10,000143,676.00010,000


(e) WAC 50-44-020(2) - The rate shall be .000037876.

(f) WAC 50-44-030(1) - The fee shall be $69.95 per hour.

(g) WAC 50-44-030(2) - The fee shall be $96.87 per hour.

(2) Thereafter, effective July 1, 2000, and again on July 1, 2001, the charges and fees set forth in subsection (1)(c), (d), (e), (f), and (g) of this section shall be increased by the fiscal growth factor as determined by the office of financial management pursuant to RCW 43.135.025.

(3) The director may suspend the collection of any or all of the charges and/or fees imposed under this section when he or she determines the banking examination fund established in RCW 43.320.110 exceeds the projected acceptable minimum fund balance level approved by the office of financial management and that such course of action would be fiscally prudent.

[]

OTS-2970.1


NEW SECTION
WAC 419-14-135
Charges and fees effective June 25, 1999.

Effective June 25, 1999, the rate of charges and fees under chapter 419-14 and 419-56 WAC shall be as follows:

(1) WAC 419-14-030(1) - The fee shall be $41.67 per hour.

(2) WAC 419-14-030(2) - The fee shall be $46.88 per hour.

(3) WAC 419-14-030(3) - The fee shall be $52.09 per hour.

(4) WAC 419-14-040 - The asset charge shall be .031254 per thousand dollars of assets.

(5) WAC 419-14-075 - The fee shall be $2,500.00 for the first branch and $500.00 for each additional branch.

(6) WAC 419-14-080 - The fee shall be $50.00 for the home office and each branch.

(7) WAC 419-14-090 - The fee shall be $62.50 per hour.

(8) WAC 419-14-100 - The fee shall be $52.09 per hour.

(9) WAC 419-14-110 - The fee shall be $52.09 per hour.

(10) WAC 419-14-110 - The fee shall be $5,000.00.

(11) WAC 419-56-070 - The fee shall be $1,000.00.

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NEW SECTION
WAC 419-14-140
Charges and fees effective July 1, 1999.

(1) Effective July 1, 1999, the rate of charges and fees under chapters 419-14 and 419-56 WAC shall be as follows:

(a) WAC 419-14-030(1) - The fee shall be $43.05 per hour.

(b) WAC 419-14-030(2) - The fee shall be $48.43 per hour.

(c) WAC 419-14-030(3) - The fee shall be $53.81 per hour.

(d) WAC 419-14-040 - The asset charge shall be .0322916 per thousand dollars of assets.

(e) WAC 419-14-075 - The fee shall be $2,500.00 for the first branch and $500.00 for each additional branch.

(f) WAC 419-14-080 - The fee shall be $50.00 for the home office and each branch.

(g) WAC 419-14-090 - The fee shall be $64.57 per hour.

(h) WAC 419-14-100 - The fee shall be $53.81 per hour.

(i) WAC 419-14-110 - The fee shall be $53.81 per hour.

(j) WAC 419-14-110 - The fee shall be $5,000.00.

(k) WAC 419-56-070 - The fee shall be $1,000.00.

(2) Thereafter, effective July 1, 2000, and again on July 1, 2001, the charges and fees set forth in subsection (1)(a), (b), (c), (d), (g), (h), and (i) of this section shall be increased by the fiscal growth factor as determined by the office of financial management pursuant to RCW 43.135.025.

(3) The director may suspend the collection of any or all of the charges and/or fees imposed under this section when he or she determines the banking examination fund established in RCW 43.320.110 exceeds the projected acceptable minimum fund balance level approved by the office of financial management and that such course of action would be fiscally prudent.

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Washington State Code Reviser's Office