Date of Adoption: April 6, 1999.
Purpose: To repeal chapter 50-16 WAC. Chapter 50-16 WAC is based on RCW 31.04.150 and chapter 31.08 RCW, which were repealed during the 1991 legislative session.
Citation of Existing Rules Affected by this Order: Repealing chapter 50-16 WAC.
Statutory Authority for Adoption: RCW 43.320.010, 43.320.040, 30.04.030.
Adopted under preproposal statement of inquiry filed as WSR 99-04-073 on February 2, 1999.
Number of Sections Adopted in Order to Comply with Federal Statute: New 0, Amended 0, Repealed 0; Federal Rules or Standards: New 0, Amended 0, Repealed 0; or Recently Enacted State Statutes: New 0, Amended 0, Repealed 0.
Number of Sections Adopted at Request of a Nongovernmental Entity: New 0, Amended 0, Repealed 0.
Number of Sections Adopted on the Agency's Own Initiative: New 0, Amended 0, Repealed 1.
Number of Sections Adopted in Order to Clarify, Streamline, or Reform Agency Procedures: New 0, Amended 0, Repealed 0.
Number of Sections Adopted Using Negotiated Rule Making: New 0, Amended 0, Repealed 0; Pilot Rule Making: New 0, Amended 0, Repealed 0; or Other Alternative Rule Making: New 0, Amended 0, Repealed 0. Effective Date of Rule: Thirty-one days after filing.
April 6, 1999
John L. Bley
The following chapter of the Washington Administrative Code is repealed:
|WAC 50-16-025||Allocation of expenses to consumer finance business.|
|WAC 50-16-030||Books, files and accounting records required.|
|WAC 50-16-040||Litigation record.|
|WAC 50-16-050||Computation of charges.|
|WAC 50-16-055||Rebate of precomputed charges.|
|WAC 50-16-060||Splitting loans prohibited.|
|WAC 50-16-065||Statement to borrower--Receipt.|
|WAC 50-16-075||Restrictions on insurance.|
|WAC 50-16-080||Delivery of policy or evidence to borrower--Master policy required.|
|WAC 50-16-085||Rebate of credit life insurance charge.|
|WAC 50-16-090||File for official correspondence and reports.|
|WAC 50-16-095||Knowledge of the law and regulations.|
|WAC 50-16-100||Hours of business.|
|WAC 50-16-105||Insufficient funds charge.|