5312-S AMS NELS MEND 208

SSB 5312 - S AMD 29

By Senator Nelson

NOT ADOPTED 02/20/2013

    On page 10, line 30 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 31, after "out" strike "subsection (1)" and insert "subsections (1) and (2) of this section"

     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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