PREPROPOSAL STATEMENT OF INQUIRY
Subject of Possible Rule Making: Section 10, chapter 110, Laws of 2008.
Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 18.85.040(1).
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: This is a new section that is placed into chapter 18.85 RCW and it limits the real estate licensee in accepting payments or things of value from a title insurance company, that is not authorized by law or rule.
Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: Office of the insurance commissioner.
Process for Developing New Rule: Agency study.
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Jerry McDonald, P.O. Box 2445, Olympia, WA 98507, phone (360) 664-6524, fax (360) 570-7051, e-mail email@example.com.
June 23, 2008