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.
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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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