Washington Administrative Code (Last Updated: November 23, 2016) |
Title 208. Financial Institutions, Department of (See Titles 50, 419, and 460) |
Chapter 208-620. Washington Consumer Loan Act. |
Section 208-620-556. What fees must I refund to the borrower if I provide services subject to the act but do not have a license?
Latest version.
- (1) With residential mortgage loans you must refund any nonthird-party fees (not interest) that inured to your benefit.(2) With nonresidential mortgage loans you must refund interest and nonthird-party fees that inured to your benefit.[Statutory Authority: RCW 43.320.040 and 31.04.165. WSR 13-24-024, § 208-620-556, filed 11/22/13, effective 1/1/14.]
RCW 43.320.040 and 31.04.165. WSR 13-24-024, § 208-620-556, filed 11/22/13, effective 1/1/14.