Section 173-700-312 - Default method for determining credits(1) The department shall use area of wetland as the default credit unit for calculating credits at a bank site.(2) The department shall determine the number of potential credits at a bank using a credit conversion rate.(3) The credit conversion rate uses a ratio of area of activity such as reestablishment, creation, rehabilitation, enhancement, or preservation to credits generated at the bank site (area of activity: Credit).(4) Except as provided in WAC 173-700-320, the department must determine the credit conversion rates for individual banks from within the ranges specified in WAC 173-700-313 and 173-700-318.Wash. Admin. Code § 173-700-312
Statutory Authority: Chapter 90.84 RCW. 09-19-013 (Order 04-13), § 173-700-312, filed 9/3/09, effective 10/4/09.