Wash. Admin. Code § 284-160-080

Current through Register Vol. 24-23, December 1, 2024

Section 284-160-080 - Payment of refund on canceled guaranteed asset protection contracts

When a borrower cancels a guaranteed asset protection contract and a refund is due that is payable to the borrower, the current obligor on the guaranteed asset protection contract must refund the amount due, and must not require the borrower to request the refund from the original or a prior obligor on the contract.

Wash. Admin. Code § 284-160-080

Statutory Authority: RCW 48.02.060 and 48.160.070. 10-02-111 (Docket Number R 2009-15), § 284-160-080, filed 1/6/10, effective 1/6/10.