WSR 10-07-073

PREPROPOSAL STATEMENT OF INQUIRY

SECRETARY OF STATE


[ Filed March 16, 2010, 2:04 p.m. ]

Subject of Possible Rule Making: Limited liability companies.

Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 25.15.007, 25.15.805, 25.15.810.

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: Recent changes to state law (both 2009 and 2010 legislative sessions) cause these rules to need updating.

Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: Office of the attorney general, department of licensing, department of revenue, and Internal Revenue Service. All rules will be posted on the secretary's web site, as well as brought to the attention of the above agencies through specific contacts, as well as a public hearing.

Process for Developing New Rule: Negotiated rule making.

Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Pamela Floyd, P.O. Box 40234, Olympia, WA 98504-0234, (360) 725-0310, fax (360) 586-4989, pam.floyd@sos.wa.gov or Linda Shea, P.O. Box 40234, Olympia, WA 98504-0234, (360) 725-0311, fax (360) 586-4989, linda.shea@sos.wa.gov.

March 16, 2010

Steve Excell

Assistant Secretary of State

Washington State Code Reviser's Office