CERTIFICATION OF ENROLLMENT

SUBSTITUTE SENATE BILL 6570



59th Legislature
2006 Regular Session

Passed by the Senate February 14, 2006
  YEAS 47   NAYS 0


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President of the Senate
Passed by the House February 28, 2006
  YEAS 96   NAYS 1


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Speaker of the House of Representatives


CERTIFICATE

I, Thomas Hoemann, Secretary of the Senate of the State of Washington, do hereby certify that the attached is SUBSTITUTE SENATE BILL 6570 as passed by the Senate and the House of Representatives on the dates hereon set forth.


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Secretary
Approved 









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Governor of the State of Washington
FILED







Secretary of State
State of Washington


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SUBSTITUTE SENATE BILL 6570
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Passed Legislature - 2006 Regular Session
State of Washington59th Legislature2006 Regular Session

By Senate Committee on Financial Institutions, Housing & Consumer Protection (originally sponsored by Senators Fairley, Benton, Berkey and Honeyford)

READ FIRST TIME 02/01/06.   



     AN ACT Relating to retail installment contracts for motor vehicles; and adding a new section to chapter 63.14 RCW.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION.  Sec. 1   A new section is added to chapter 63.14 RCW to read as follows:
     If a retail installment contract for the purchase of a motor vehicle meets the requirements of this chapter and meets the requirements of any federal law applicable to a retail installment contract for the purchase of a motor vehicle, the retail installment contract shall be accepted for consideration by any lender, except for lenders licensed and regulated under the provisions of chapter 31.04 RCW, to whom application for credit relating to the retail installment contract is made.

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