PREPROPOSAL STATEMENT OF INQUIRY
Subject of Possible Rule Making: WAC 308-90-120 Trust account.
Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 88.02.100.
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: The trust account required in RCW 88.02.220 must be maintained in a financial institution located within Washington state.
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 Kim Johnson, Dealer and Manufacturer Services, P.O. Box 9039, Olympia, WA 98507-9039, voice (360) 664-6464, fax (360) 586-6703.
Fred Stephens
Director