208-544-005 - Determination of collection method - Principles

208-544-005. Determination of collection method - Principles

When determining the collection method for authorized fees and charges, the director shall consider, but not be limited to, the following principles:

(1) The revenue collected shall be sufficient to allow the division to examine institutions within all required time periods;

(2) Regulatory costs shall be apportioned in a manner consistent with the division's statutory mission to promote and provide the delivery of financial services to rural and economically distressed areas;

(3) No industry or regulated institution shall bear a disproportionate share of regulatory costs;

(4)

The division shall have sufficient resources to maintain a competent and motivated staff; and

(5) Any other principles the director deems relevant.

Statutory Authority: RCW 30.04.030 and 43.320.040. WSR 00-17-141, amended and recodified as § 208-544-005, filed 8/22/00, effective 9/22/00. Statutory Authority: RCW 30.04.070 and 30.08.095. WSR 91-18-054, § 50-44-005, filed 8/30/91, effective 9/30/91. WSR 13-23-007, § 208-544-005, filed 11/7/2013, effective 12/8/2013

The following state regulations pages link to this page.