5312 AMS NELS MEND 224

                

SB 5312 - S AMD 28

By Senator Nelson

OUT OF ORDER 02/20/2013

    On page 10, line 22, after "limitations." insert "(1)"

On page 10, line 27, after "income." insert "No licensee may extend to or have open with a borrower a small consumer installment loan if that borrower has a small loan, is in repayment of a small loan, or is in default of a small loan as defined in RCW 31.45.010."

 

     Renumber the remaining sections consecutively and correct any internal references accordingly.

 

 

 

    EFFECT:  No licensee may extend to or have open with a borrower a small consumer installment loan if the borrower has a small loan. 

 

 

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