RCW 31.04.420
Subject to student education loan servicer requirements—Exempt from licensing.
(1) The following are subject to the student education loan servicer requirements in this chapter, but are exempt from having to obtain and maintain a license in accordance with this chapter:
(a) Trade, technical, vocational, or apprentice programs that teach skills related to a specific job, and postsecondary schools that service their own student education loans;
(b) Persons servicing five or fewer student education loans;
(c) Guarantors of federal student loans that do not also service federal student loans;
(d) The United States or any department or agency thereof, to the extent it is servicing student education loans that it originated; and
(e) Any state, county, city, or any department or agency thereof, but only to the extent it is servicing student education loans that it originated.
(2) Persons providing third-party student education loan modification services are exempt from having to obtain and maintain a license in accordance with this chapter.
(3) The department may refer to the attorney general's consumer protection division complaints regarding entities subject to this section.
[ 2018 c 62 § 10.]
Structure Revised Code of Washington
Title 31 - Miscellaneous Loan Agencies
Chapter 31.04 - Consumer Loan Act.
31.04.025 - Application of chapter.
31.04.027 - Violations of chapter.
31.04.035 - License required—When violation occurs.
31.04.045 - License—Application—Background checks—Fee—Surety bond.
31.04.055 - License—Director's duties.
31.04.065 - License—Information contained.
31.04.075 - Licensee—Place of business.
31.04.085 - Licensee—Assessment—Bond—Time of payment.
31.04.105 - Licensee—Powers—Restrictions.
31.04.115 - Open-end loan—Requirements—Restrictions—Options.
31.04.125 - Loan restrictions—Interest calculations.
31.04.135 - Advertisements or promotions.
31.04.143 - Subpoena authority—Application—Contents—Notice—Fees.
31.04.155 - Licensee—Recordkeeping—Director's access—Report requirement—Failure to report.
31.04.165 - Director—Broad administrative discretion—Rule making—Actions in superior court.
31.04.168 - Director—Powers under chapter 19.144 RCW.
31.04.175 - Violations—No penalty prescribed—Gross misdemeanor—Good faith exception.
31.04.202 - Application of administrative procedure act.
31.04.205 - Enforcement of chapter—Director's discretion—Hearing—Sanctions—Recovery of costs.
31.04.208 - Application of consumer protection act.
31.04.211 - Application of chapter—2009 c 120.
31.04.221 - Mortgage loan originator—License required—Unique identifier required.
31.04.224 - Licensing exemptions—Residential mortgage loans.
31.04.227 - Mortgage loan origination—Independent contractors.
31.04.231 - Individual loan processor—Licensing exemptions.
31.04.234 - Mortgage loan originator license—Application form and content.
31.04.237 - Use of nationwide mortgage licensing system and registry.
31.04.244 - Mortgage loan originator application—Required information—Fees.
31.04.247 - Issuance of mortgage loan originator license—Necessary findings.
31.04.251 - Mortgage loan originator license—Renewal—Surrender—Rules.
31.04.254 - Mortgage loan originator licensing process—Rules—Interim procedures.
31.04.257 - Mortgage loan originator interim license.
31.04.261 - Mortgage loan originator—Prelicensing education requirements.
31.04.264 - Mortgage loan originator—Testing requirements.
31.04.267 - Mortgage loan originator—Continuing education requirements.
31.04.271 - Mortgage loan originators—System information may be challenged.
31.04.277 - Consumer loan companies—When reports of condition are required.
31.04.281 - Reports of violation—2009 c 120.
31.04.284 - Mortgage loan originator—Unique identifier—Display.
31.04.290 - Residential mortgage loan servicer—Requirements—Written detailed information.
31.04.310 - Residential mortgage or student education loan servicer—Appointment of receiver.
31.04.410 - Student education loan servicer licensee.
31.04.415 - Third-party student education loan modification services—Restrictions—Requirements.
31.04.420 - Subject to student education loan servicer requirements—Exempt from licensing.
31.04.430 - Dog or cat purchase contracts.
31.04.510 - Requirements of licensee—Minimum capital—Exceptions.
31.04.515 - Loan requirements—Compliance—Rules.
31.04.520 - Right to rescind transaction.
31.04.535 - Lender default—Treble damages—Civil remedies.
31.04.902 - Effective dates, implementation—1991 c 208.
31.04.903 - Effective date—2009 c 120.
31.04.904 - Effective date—2010 c 35.