WAC 388-101D-0280

WAC 388-101D-0280. Client loans

Last amended: 2016Year: 2026Length: 89 wordsOfficial source
(1) The service provider may loan funds to a client from the service provider's funds and collect the debt from the client in installments. (2) The client's service provider must not: (a) Charge the client interest for any money loaned; or (b) Borrow funds from the client. (3) The provider must keep the following loan documentation for each loan: (a) A loan agreement signed by the client or the client's legal representative; (b) Amount of the loan; (c) Payments on the loan balance; and (d) The current balance owed.
WAC 388-101D-0280: WAC 388-101D-0280. Client loans | Justis AI