BILL · 1993–94 SESSION

SB 5384: Investment advisers

Regulating investment advisory contracts.

Summary

The director of the Department of Licensing is authorized to adopt rules delineating permissible performance based compensation arrangements for investment advisors. Any rule adopted by the director may only allow those arrangements permitted under the Securities and Exchange Commission's regulations and the federal Investment Advisors Act of 1940.

From the Senate Bill Report (SB 5384), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 114, Laws of 1993

IntroducedJan 26, 1993
Out of committee
Passed SenateMar 13, 1993
Passed HouseApr 6, 1993
Governor
LawApr 23, 1993

Prime sponsor: Ray Moore (D-36)
Introduced: January 26, 1993 in the Senate
Last action: April 23, 1993
Session law: Chapter 114, Laws of 1993
Requested by: State agency
Companion bill: HB 1460
Budget: Has a fiscal note

Votes

Senate · Final Passage

March 13, 1993

Version voted on: SB 5384

46 Yea 0 Nay 0 Absent 3 Excused

Party	Yea	Nay	Absent	Excused
Democrat	27	0	0	1
Republican	19	0	0	2

How each member voted

Yea (46)

Excused (3)

Permalink to this vote

House · Final Passage

April 6, 1993

Version voted on: SB 5384

95 Yea 1 Nay 0 Absent 2 Excused

Party	Yea	Nay	Absent	Excused
Democrat	60	1	0	2
Republican	35	0	0	0

How each member voted

Yea (95)

Nay (1)

Lisa Brown D-3

Excused (2)

Gary Locke D-37
James Springer D-18

Permalink to this vote

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 5384 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

SB 5384 (2025–26) Riparian programs review · Did not pass · died in committee
SB 5384 (2023–24) Walla Walla water 2050 plan · Did not pass · died in committee
SB 5384 (2021–22) Volunteer firefighters · Enacted · Chapter 105, Laws of 2021
SB 5384 (2019–20) Tiny house comm. locations · Did not pass · stalled on the Senate floor
SB 5384 (2017–18) Rec. access/private lands · Did not pass · stalled on the Senate floor
SB 5384 (2015–16) Income to meet basic needs · Did not pass · died in committee
SB 5384 (2013–14) Board of denturists · Did not pass · died in committee
SB 5384 (2011–12) Failing to wear safety belt · Did not pass · died in committee

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