Washington Administrative Code
Title 208 - Financial Institutions, Department of (See also Titles 50, 419, and 460)
Chapter 208-630 - Regulation of check cashers and sellers and small loans (payday lenders)
LICENSING REQUIREMENTS
Section 208-630-120 - What does a business have to do to operate as a check casher and seller, or to make small loans as a payday lender?
Current through Register Vol. 24-18, September 15, 2024
(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. 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. 05-22-009, § 208-630-120, filed 10/21/05, effective 11/21/05.
