The bill amends several sections of the Revised Code of Washington (RCW) related to corporate filings and the operations of the Secretary of State's Corporations and Charities Division. Key changes include the removal of a requirement for a fee and issuance of a new certificate upon the recording of trademark assignments, which will now be void against subsequent purchasers unless recorded within three months. Additionally, the bill introduces new provisions for international student exchange visitor placement organizations, including the establishment of reinstatement procedures and the automatic suspension of licenses for non-compliance with support orders.

Further amendments streamline the filing process for entity filings, ensuring that the Secretary of State documents the date of receipt and provides acknowledgment to the submitter. The bill also clarifies the requirements for annual reports from domestic and registered foreign entities, including the need for current information and notification of any changes. Notably, it establishes that the Secretary of State must collect annual license fees, with a portion deposited into the state treasury and the remainder into the Secretary of State's revolving fund. Other provisions address the attestation of signatures by the Secretary of State and the creation of a revolving fund to support the office's operational costs.

Statutes affected:
Original bill: 19.77.060, 19.166.040, 23.95.225, 23.95.255, 23.95.260, 43.07.130, 23.95.520, 43.07.032