31.45.180 – Violation—Misdemeanor.
RCW 31.45.180 Violation—Misdemeanor. Any person who violates or participates in the violation of any provision of the rules or orders of the director or of this chapter is guilty of a misdemeanor. [ 1994 c 92 § 290; 1991 c 355 § 18.]
31.45.190 – Violation—Consumer protection act—Remedies.
RCW 31.45.190 Violation—Consumer protection act—Remedies. The legislature finds and declares that any violation of this chapter substantially affects the public interest and is an unfair and deceptive act or practice and an unfair method of competition in the conduct of trade or commerce as set forth in RCW 19.86.020. Remedies available under chapter 19.86 RCW […]
31.45.085 – Loan application—Required statement—Rules.
RCW 31.45.085 Loan application—Required statement—Rules. (1)(a) In addition to other disclosures required by this chapter, the application for a small loan must include a statement that is substantially similar to the following: “At the time you repay this loan, you should have sufficient funds to meet your other financial obligations. If you cannot pay other […]
31.45.086 – Small loans—Right of rescission.
RCW 31.45.086 Small loans—Right of rescission. A borrower may rescind a loan, on or before the close of business on the next day of business at the location where the loan was originated, by returning the principal in cash or the original check disbursed by the licensee to fund the small loan. The licensee may […]
31.45.088 – Small loans—Disclosure requirements—Advertising—Making loan.
RCW 31.45.088 Small loans—Disclosure requirements—Advertising—Making loan. (1) When advertising the availability of small loans, if a licensee includes in an advertisement the fee or interest rate charged by the licensee for a small loan, then the licensee shall also disclose the annual percentage rate resulting from this fee or interest rate. (2) When advertising the […]
31.45.090 – Report requirements—Disclosure of information—Rules.
RCW 31.45.090 Report requirements—Disclosure of information—Rules. (1) Each licensee shall submit to the director, in a form approved by the director, a report containing financial statements covering the calendar year or, if the licensee has an established fiscal year, then for such fiscal year, within one hundred five days after the close of each calendar […]
31.45.093 – Information system—Access—Required information—Fees—Rules.
RCW 31.45.093 Information system—Access—Required information—Fees—Rules. (1) The director must, by contract with a vendor or service provider or otherwise, develop and implement a system by means of which a licensee may determine: (a) Whether a consumer has an outstanding small loan; (b) The number of small loans the consumer has outstanding; (c) Whether the borrower […]
31.45.100 – Examination or investigation—Director’s authority—Costs.
RCW 31.45.100 Examination or investigation—Director’s authority—Costs. The director or the director’s designee may at any time examine and investigate the business and examine the books, accounts, records, and files, or other information, wherever located, of any licensee or person who the director has reason to believe is engaging in the business governed by this chapter. […]
31.45.103 – Subpoena authority—Application—Contents—Notice—Fees.
RCW 31.45.103 Subpoena authority—Application—Contents—Notice—Fees. (1) The director or authorized assistants may apply for and obtain a superior court order approving and authorizing a subpoena in advance of its issuance. The application may be made in the county where the subpoenaed person resides or is found, or the county where the subpoenaed documents, records, or evidence […]
31.45.105 – Violations of chapter—Enforceability of transaction.
RCW 31.45.105 Violations of chapter—Enforceability of transaction. (1) It is a violation of this chapter for any person subject to this chapter to: (a) Directly or indirectly employ any scheme, device, or artifice to defraud or mislead any borrower, to defraud or mislead any lender, or to defraud or mislead any person; (b) Directly or […]