1. (1) It is a violation of this chapter for any person subject to this chapter to:

   1. (a) Directly or indirectly employ any scheme, device, or artifice to defraud or mislead any borrower, to defraud or mislead any lender, or to defraud or mislead any person;
   2. (b) Directly or indirectly engage in any unfair or deceptive practice toward any person;
   3. (c) Directly or indirectly obtain property by fraud or misrepresentation;
   4. (d) Make a small loan to any person physically located in Washington through use of the internet, facsimile, telephone, kiosk, or other means without first obtaining a small loan endorsement;
   5. (e) Accept applications or referrals from an agent or pay for any services provided on your behalf by an agent without first verifying that the agent is licensed under the act;
   6. (f) Directly or indirectly refer a borrower, or encourage a borrower, to use the services of more than one payday lending business that results in an amount outstanding that exceeds the loan limit in RCW 31.45.073;
   7. (g) Directly or indirectly structure a loan transaction in order to exceed the loan limit in RCW 31.45.073;
   8. (h) Directly or indirectly pressure a borrower to not enter into an installment plan;
   9. (i) Directly or indirectly pressure an applicant or borrower to borrow more money than they state they want; provided, it is not a violation of this subsection for a licensee to inform a borrower as to his or her maximum loan amount or that he or she is subject to a limit of eight loans per twelve-months period;
   10. (j) Cash a postdated check before the date written on the check except as permitted by RCW 31.45.070(2);
   11. (k) Make a loan without processing it through the database system except as specifically allowed in law or rule;
   12. (l) Refuse to provide an installment plan to a borrower who has notified you before the due date of the small loan that they cannot pay the small loan; and
   13. (m) Engage in any device or subterfuge to evade the requirements of the act.
2. (2) In addition to any other penalties, any transaction in violation of subsection (1)(d) of this section is uncollectible and unenforceable.

[Statutory Authority: Chapter 43.320 RCW and RCW 31.45.200. WSR 13-05-005, § 208-630-8201, filed 2/6/13, effective 3/9/13. Statutory Authority: RCW 43.320.040, 31.45.200, and 2009 c 510. WSR 09-24-089, § 208-630-8201, filed 12/1/09, effective 1/1/10. Statutory Authority: RCW 43.320.040. WSR 07-23-094, § 208-630-8201, filed 11/20/07, effective 12/21/07.]