31.45.079 – Making small loans—Agent for a licensee or exempt entity—Federal preemption.
RCW 31.45.079 Making small loans—Agent for a licensee or exempt entity—Federal preemption. A person may not engage in the business of making small loans as an agent for a licensee or exempt entity without first obtaining a small loan endorsement to a check casher or check seller license under this chapter. An agent of a […]
31.45.080 – Trust funds—Deposit requirements—Rules.
RCW 31.45.080 Trust funds—Deposit requirements—Rules. (1) All funds received by a licensee or its agents from the sale of checks, drafts, money orders, or other commercial paper serving the same purpose constitute trust funds owned by and belonging to the person from whom they were received or to the person who has paid the checks, […]
31.45.030 – License required—Small loan endorsement—Application—Fee—Bond—Deposit in lieu of bond—Director’s duties.
RCW 31.45.030 License required—Small loan endorsement—Application—Fee—Bond—Deposit in lieu of bond—Director’s duties. (1) Except as provided in RCW 31.45.020, no check casher or seller may engage in business without first obtaining a license from the director in accordance with this chapter. A license is required for each location where a licensee engages in the business of […]
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 […]
31.45.010 – Definitions.
RCW 31.45.010 Definitions. Unless the context clearly requires otherwise, the definitions in this section apply throughout this chapter. (1) “Applicant” means a person that files an application for a license under this chapter, including the applicant’s sole proprietor, owners, directors, officers, partners, members, and controlling persons. (2) “Borrower” means a natural person who receives a […]