(1) In order to engage in the business of check cashing and selling, a business must apply for and obtain from the department a check cashing or selling license.
(2) In order to make payday loans (small loans), a business must first obtain a license as a check casher or seller and then obtain a small loan endorsement to that license.
[Statutory Authority: RCW
43.320.040,
31.45.200, and 2009 c 510. WSR 09-24-089, § 208-630-120, filed 12/1/09, effective 1/1/10. Statutory Authority: RCW
31.04.165,
43.320.040,
31.45.030,
31.45.050,
31.45.200. WSR 05-22-009, § 208-630-120, filed 10/21/05, effective 11/21/05.]