RCW 31.45.060
Licensee—Schedule of fee and charges—Recordkeeping.
(1) A schedule of the fees and the charges for the cashing and selling of checks, drafts, money orders, or other commercial paper serving the same purpose shall be conspicuously and continuously posted in every location licensed under this chapter. The licensee shall provide to its customer a receipt for each transaction. The receipt must include the name of the licensee, the type and amount of the transaction, and the fee or fees charged for the transaction.
(2) Each licensee shall keep and maintain such business books, accounts, and records as the director may require to fulfill the purposes of this chapter. Every licensee shall preserve such books, accounts, and records as required in rule by the director for at least two years from the completion of the transaction. Records may be maintained on an electronic, magnetic, optical, or other storage media. However, the licensee must maintain the necessary technology to permit access to the records by the department for the period required under this chapter.
(3) A check, draft, or money order sold by a licensee shall be drawn on an account of a licensee maintained in a federally insured financial institution authorized to do business in the state of Washington.
[ 2003 c 86 § 6; 1994 c 92 § 279; 1991 c 355 § 6.]
Structure Revised Code of Washington
Title 31 - Miscellaneous Loan Agencies
Chapter 31.45 - Check Cashers and Sellers.
31.45.020 - Application of chapter.
31.45.022 - Privacy or confidentiality of any information or material—Federal or other state's laws.
31.45.043 - Multistate licensing system—Director's discretion.
31.45.045 - Reports—Nationwide licensing system.
31.45.060 - Licensee—Schedule of fee and charges—Recordkeeping.
31.45.070 - Licensee—Permissible transactions—Restrictions.
31.45.077 - Small loan endorsement—Application—Form—Information—Exemption from disclosure—Fees.
31.45.079 - Making small loans—Agent for a licensee or exempt entity—Federal preemption.
31.45.080 - Trust funds—Deposit requirements—Rules.
31.45.082 - Delinquent small loan—Restrictions on collection by licensee or third party—Definitions.
31.45.084 - Small loan installment plan—Terms—Restrictions.
31.45.085 - Loan application—Required statement—Rules.
31.45.086 - Small loans—Right of rescission.
31.45.088 - Small loans—Disclosure requirements—Advertising—Making loan.
31.45.090 - Report requirements—Disclosure of information—Rules.
31.45.093 - Information system—Access—Required information—Fees—Rules.
31.45.100 - Examination or investigation—Director's authority—Costs.
31.45.103 - Subpoena authority—Application—Contents—Notice—Fees.
31.45.105 - Violations of chapter—Enforceability of transaction.
31.45.120 - Violations or unsound practices—Temporary cease and desist order—Director's authority.
31.45.130 - Temporary cease and desist order—Licensee's application for injunction.
31.45.140 - Violation of temporary cease and desist order—Director's application for injunction.
31.45.150 - Licensee's failure to perform obligations—Director's duty.
31.45.160 - Director's possession of property and business—Appointment of receiver.
31.45.180 - Violation—Misdemeanor.
31.45.190 - Violation—Consumer protection act—Remedies.
31.45.200 - Director—Broad administrative discretion.
31.45.210 - Military borrowers—Licensee's duty—Definition.