WSR 04-13-118

PERMANENT RULES

DEPARTMENT OF LICENSING


[ Filed June 22, 2004, 8:25 a.m. , effective July 23, 2004 ]


Purpose: To remove language from the rule that was not needed.

Citation of Existing Rules Affected by this Order: Amending WAC 308-56A-075 Multiple legal owners.

Statutory Authority for Adoption: RCW 46.01.110.

Adopted under notice filed as WSR 04-09-033 on April 13, 2004.

Number of Sections Adopted in Order to Comply with Federal Statute: New 0, Amended 0, Repealed 0; Federal Rules or Standards: New 0, Amended 0, Repealed 0; or Recently Enacted State Statutes: New 0, Amended 0, Repealed 0.

Number of Sections Adopted at Request of a Nongovernmental Entity: New 0, Amended 0, Repealed 0.

Number of Sections Adopted on the Agency's Own Initiative: New 0, Amended 1, Repealed 0.

Number of Sections Adopted in Order to Clarify, Streamline, or Reform Agency Procedures: New 0, Amended 1, Repealed 0.

Number of Sections Adopted Using Negotiated Rule Making: New 0, Amended 0, Repealed 0; Pilot Rule Making: New 0, Amended 0, Repealed 0; or Other Alternative Rule Making: New 0, Amended 1, Repealed 0.

Date Adopted: June 22, 2004.

Fred Stephens

Director

OTS-7088.1


AMENDATORY SECTION(Amending WSR 03-10-097, filed 5/7/03, effective 6/7/03)

WAC 308-56A-075   Multiple legal owners.   (1) Can more than one legal owner show as security interest on the certificate of ownership? Yes, however, this is subject to the limited amount of space available in the department's computer system for legal owner's name information.

(2) How are additional legal owner's interest shown on the certificate of ownership? Additional legal owners are shown directly after the first legal owner. Only the address of the first legal owner will be shown on the certificate of ownership.

(3) If the security interest has been satisfied with one of the legal owners shown on a certificate of ownership ((has been satisfied)), how is their interest released? When the security interest of one of the legal owners shown on a certificate of ownership has been satisfied that interest must be released on the certificate of ownership or a department approved release of interest form. The remaining legal owner(s) must, within ten days of receiving the properly released certificate of ownership, apply for reissuance of the certificate of ownership showing the remaining legal owner's name and address.

[Statutory Authority: RCW 46.01.110. 03-10-097, 308-56A-075, filed 5/7/03, effective 6/7/03; 99-08-064, 308-56A-075, filed 4/5/99, effective 5/6/99. Statutory Authority: RCW 46.01.110 and 46.12.030. 97-03-076, 308-56A-075, filed 1/15/97, effective 2/15/97; Order MV 208, 308-56A-075, filed 7/31/74.]

Legislature Code Reviser 

Register

Washington State Code Reviser's Office