Subject of Possible Rule Making: The Rental Car Insurance Limited Agent License Act.

     Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 48.02.060, 48.30.010, chapter 273, Laws of 2002.

     Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: Chapter 273, Laws of 2002 (SSB 6481) requires rental car companies to be licensed under chapter 48.17 RCW or comply with the licensing standards of the new law. The commissioner was given the authority to adopt rules to implement the new law. The commissioner will consider all implementation aspects of the new law, including rules that establish the process and fees for licensure of rental car companies and their agents.

     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 Kacy Scott, P.O. Box 40255, Olympia, WA 98504-0255, e-mail Kacys@oic.wa.gov, fax (360) 586-3109.

July 24, 2002

Mike Kreidler

Insurance Commissioner

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