RCW 19.265.040
Borrower may rescind loan—Manner.
A borrower may rescind a loan, on or before the close of business on the next day of business, by either returning the original check issued for the loan or providing the amount of the loan in cash to the lender or the facilitator. The facilitator may not charge the borrower a fee for rescinding the loan or a refund anticipation loan fee if the loan is rescinded but may charge the borrower the administrative cost of establishing a bank account to electronically receive the refund.
[ 2005 c 471 § 5.]
Structure Revised Code of Washington
Title 19 - Business Regulations—Miscellaneous
Chapter 19.265 - Tax Refund Anticipation Loans.
19.265.020 - Registration of facilitators.
19.265.030 - Required disclosure.
19.265.040 - Borrower may rescind loan—Manner.
19.265.050 - Facilitators—Unlawful activities.
19.265.060 - Violation of chapter—Penalty.