WSR 16-06-077

PREPROPOSAL STATEMENT OF INQUIRY

[Filed February 26, 2016, 11:08 a.m.]

Subject of Possible Rule Making: WAC 4-30-142 What are the bases for the board to impose discipline?

Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 18.04.055, 18.04.295, 18.04.305, 12.04.350 [18.04.350].

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: Rule making is needed to add language to WAC 4-30-142 (5)(h) to include not issuing an asset distribution report not containing all of the disclosures outlined in RCW 11.96A.070 [(1)](b) under the description of discharging a trustee's duties in a negligent manner or breaching one's fiduciary duties.

Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: None.

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 Charles E. Satterlund, Executive Director, Washington State Board of Accountancy, P.O. Box 9131, Olympia, WA 98507-9131, phone (360) 586-0785, fax (360) 664-9190, e-mail customerservice@cpaboard.wa.gov.

February 26, 2016

Charles E. Satterlund, CPA, CIA

Executive Director