ESSB 5312 -
By Senator Nelson
NOT CONSIDERED
On page 10, line 35, after "(2)" 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.
(3)"
On page 10, line 36, after "out" strike "subsection (1)" and insert "subsections (1) and (2)"
EFFECT: No licensee may extend to, or have open with, a borrower a small consumer installment loan if the borrower has a small loan.