WSR 11-03-061

PREPROPOSAL STATEMENT OF INQUIRY

SECRETARY OF STATE


[ Filed January 14, 2011, 4:31 p.m. ]

Subject of Possible Rule Making: Washington registered profit domestic corporations, limited liability companies, and limited partnerships that have lapsed registrations and must reinstate with the secretary of state's office.

Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 23B.01.220, 25.15.805, 25.10.916.

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: Current reinstatement fee includes a twenty-five percent penalty which causes customer confusion and higher administration costs. Proposed rule changes removes the twenty-five percent penalty and charges a flat reinstatement fee (WAC 434-112-085 and 434-130-190).

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 Linda Shea, Deputy Director, 801 South Capitol Way, Olympia, WA 98504, phone (360) 725-0311, fax (360) 586-4989, Linda.shea@sos.wa.gov.

January 14, 2011

Steve Excell

Assistant Secretary of State

Washington State Code Reviser's Office