Revised Code of Washington - RCW Title 31 Miscellaneous Loan Agencies - Section 31.24.005 Findings -- Declarations -- Intent

§ 31.24.005. Findings -- Declarations -- Intent

The legislature finds, declares, and intends that:

(1) There exists substantial and growing need in Washington state to enhance the availability of financial assistance for small business and to improve the economy of the localities within this state;

(2) The department, which is charged with (a) the regulation of business development corporations, under this chapter, (b) the regulation of financial institutions and other financial entities as defined in this chapter, and (c) nondepository lenders engaged in guaranteed small business and agricultural lending, under chapters 31.40 and 31.35 RCW, is among those state agencies critical to meeting the needs addressed in subsection (1) of this section; and

(3) It is necessary to assist the department in meeting the needs addressed in subsection (1) of this section and to improve its administration and regulation of this chapter and chapters 31.35 and 31.40 RCW.

[2006 c 87 § 1.]

Sections:  31.24.005  31.24.010  31.24.020  31.24.023  31.24.025  31.24.030  31.24.066  31.24.070  31.24.073  31.24.075  31.24.080  31.24.090  31.24.100  31.24.110  31.24.120  Next

Last modified: April 7, 2009