Subject of Possible Rule Making: Amending WAC 208-680G-050 concerning fees for examinations and expenses.

     Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 18.44.121, [18.44].410.

     Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: WAC 208-680G-050 would be amended to clarify that both in-state and out-of-state licensees may be charged for examinations and investigations. This is necessary in order to make the escrow-licensing program self-supporting.

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

     Process for Developing New Rule: The division will seek input from the Escrow Commission and other licensed escrow agents and officers concerning these rules. The division may also discuss any proposed rules with other interested parties and regulatory agencies.

     Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting William M. Beatty, Securities Division, Department of Financial Institutions, P.O. Box 9033, Olympia, WA 98507-9033, (360) 902-8760, fax (360) 704-6923, bbeatty@dfi.wa.gov, Securities Division website http://www.dfi.wa.gov/sd.

November 17, 2003

Deborah R. Bortner

Director of Securities

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