Washington § 31.04.231 - Individual loan processor — Licensing exemptions.

Full text of Washington Revised Code of Washington § 31.04.231 — Individual loan processor — Licensing exemptions., with citation guidance and answers to common questions.

§ 31.04.231. Individual loan processor — Licensing exemptions.

An individual engaging solely in *loan processor activities, who does not represent to the public, through advertising or other means of communicating or providing information including the use of business cards, stationery, brochures, signs, rate lists, or other promotional items, that such an individual can or will perform any of the activities of a mortgage loan originator is not required to obtain and maintain a mortgage loan originator license under this chapter.
[ 2009 c 120 s 13.]

Notes

*Reviser's note: The term "loan processor" was changed to "loan processor or underwriter" by 2013 c 29 s 1.
Findings—Declaration—2009 c 120: See note following RCW 31.04.015.

Related Washington Legal Topics

Frequently Asked Questions About Washington § 31.04.231

What does Revised Code of Washington § 31.04.231 cover?

Section 31.04.231 ("Individual loan processor — Licensing exemptions.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 31.04.231?

A common citation format is "Revised Code of Washington § 31.04.231" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 31.04.231 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.