WSR 19-10-047
PREPROPOSAL STATEMENT OF INQUIRY
DEPARTMENT OF
FINANCIAL INSTITUTIONS
[Filed April 29, 2019, 9:54 a.m.]
Subject of Possible Rule Making: The department of financial institutions (DFI) proposes rule making [to] incorporate changes resulting from the passage of HB 1247.
Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 31.12.516, 43.320.040.
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: To make the notice process and requirements clear for credit unions that want to use a power allowed in other states, which is permitted under HB 1247.
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 Cristina Diaz, P.O. Box 41200, Olympia, WA 98504-1200, phone 360-902-8718, fax 877-330-6870, email cristina.diaz@dfi.wa.gov, web site www.dfi.wa.gov.
April 29, 2019
Amy B. Hunter
Director of Credit Unions