31.40.100 – Application denial.
RCW 31.40.100 Application denial. If the director denies an application, the director shall provide the applicant with a written statement explaining the basis for the denial. [ 1994 c 92 § 269; 1989 c 212 § 10.]
31.40.110 – Rules—Penalties.
RCW 31.40.110 Rules—Penalties. (1) The director shall adopt rules to enforce the intent and purposes of this chapter. Such rules shall include, but need not be limited to, the following: (a) Disclosure of conflicts of interest; (b) Prohibition of false statements made to the director on any form required by the director or during any […]
31.40.120 – Injunction.
RCW 31.40.120 Injunction. If, in the opinion of the director, a person violates or there is reasonable cause to believe that a person is about to violate any provision of this chapter or any rule adopted under this chapter, the director may bring an action in the appropriate court to enjoin the violation or to […]
31.40.130 – Penalty—License impairment.
RCW 31.40.130 Penalty—License impairment. The director may deny, suspend, or revoke a license if the applicant or holder violates any provision of this chapter or any rules promulgated pursuant to this chapter. [ 1994 c 92 § 272; 1989 c 212 § 13.]
31.40.135 – Application of RCW 31.24.230.
RCW 31.40.135 Application of RCW 31.24.230. RCW 31.24.230 (1), (3), and (4) supersede any contrary provision of this chapter. [ 2006 c 87 § 29.]
31.40.900 – Severability—1989 c 212.
RCW 31.40.900 Severability—1989 c 212. If any provision of this act or its application to any person or circumstance is held invalid or, if in the written opinion of the small business administration, is contrary to the intent and purposes of the 7(a) loan guaranty program, the director shall not enforce such provision but the […]
31.40.090 – Examination of licensees.
RCW 31.40.090 Examination of licensees. (1) The director shall examine each licensee not less than once every twenty-four months. (2) The director may with or without notice and at any time during regular business hours examine a licensee or a subsidiary of a licensee. (3) A director, officer, or employee of a licensee or of […]
31.40.010 – Intent.
RCW 31.40.010 Intent. The legislature finds and declares that small and moderate-size companies can enhance their access to working capital and to capital for acquiring and equipping commercial and industrial facilities by using the United States small business administration national small business loan program known as the 7(a) loan guaranty program. The 7(a) loan guaranty […]
31.40.020 – Definitions.
RCW 31.40.020 Definitions. Unless the context clearly requires otherwise, the definitions in this section apply throughout this chapter. (1) “Licensee” means a Washington corporation licensed under the terms of this chapter. (2) “Director” means the director of financial institutions. [ 1994 c 92 § 262; 1989 c 212 § 2.]
31.40.030 – Director—Powers and duties.
RCW 31.40.030 Director—Powers and duties. (1) The director shall administer this chapter. The director may issue orders and adopt rules that, in the opinion of the director, are necessary to execute, enforce, and effectuate the purposes of this chapter. Rules to enforce the provisions of this chapter shall be adopted under the administrative procedure act, […]