Section 31.45.095. 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.

2009 c 510 § 7.