31.45.095 - Report by director -- Contents. - Washington Statutes

Report by director — Contents.

(1) The director must collect and submit the following information in a report to the financial services committees of the senate and house of representatives:

     (a) The number of borrowers entered into an installment plan since January 1, 2010;

     (b) How the number of borrowers in installment plans compares to the number of borrowers in installment plans in years previous to January 1, 2010;

     (c) The number of borrowers who have defaulted since January 1, 2010;

     (d) If known on January 1, 2010, how the number of borrowers who have defaulted compares to the number of borrowers who defaulted in years previous to January 1, 2010; and

     (e) Any other information that the director believes is relevant or useful.

     (2) Failure to provide the director information required by this section is a violation of this chapter.

[2009 c 510 § 7.]

Notes: Finding -- Intent -- Liberal construction -- 2009 c 510: See note following RCW 31.45.010.