WSR 15-14-130

PERMANENT RULES

[Filed July 1, 2015, 10:59 a.m., effective August 1, 2015]

Effective Date of Rule: Thirty-one days after filing.

Purpose: The securities division is hereby amending WAC 460-80-140 to correct a citation to financial statement requirements contained in the Federal Trade Commission's franchise rule. The amendment adopted changes the citation from 16 C.F.R. § 465.5(u) to 16 C.F.R. § 436.5. The rule, as amended, better coordinates with existing federal and state law governing franchise disclosure requirements.

Citation of Existing Rules Affected by this Order: Amending 1 [WAC 460-80-140].

Statutory Authority for Adoption: RCW 19.100.250, 19.100.040.

Adopted under notice filed as WSR 15-11-011 on May 7, 2015.

Number of Sections Adopted in Order to Comply with Federal Statute: New 0, Amended 0, Repealed 0; Federal Rules or Standards: New 0, Amended 1, Repealed 0; or Recently Enacted State Statutes: New 0, Amended 0, Repealed 0.

Number of Sections Adopted at Request of a Nongovernmental Entity: New 0, Amended 0, Repealed 0.

Number of Sections Adopted on the Agency's Own Initiative: New 0, Amended 1, Repealed 0.

Number of Sections Adopted in Order to Clarify, Streamline, or Reform Agency Procedures: New 0, Amended 0, Repealed 0.

Number of Sections Adopted Using Negotiated Rule Making: New 0, Amended 0, Repealed 0; Pilot Rule Making: New 0, Amended 0, Repealed 0; or Other Alternative Rule Making: New 0, Amended 0, Repealed 0.

Date Adopted: July 1, 2015.

Scott Jarvis

Director