RCW 28B.93.040: Loan origination—Third-party loan servicing.

RCWs > Title 28B > Chapter 28B.93 > Section 28B.93.040

These documents are currently being revised to incorporate the changes made during the 2024 Legislative Session. Please consult the Sections Affected Table for changes made during the 2024 Legislative Session.

28B.93.030 << 28B.93.040 >> 28B.93.050

PDFRCW 28B.93.040

Loan origination—Third-party loan servicing.

The office may contract with one or more state-based financial institutions regulated by either chapter 31.12 RCW or chapter 30A.04 RCW to provide loan origination and may contract with a third-party entity to provide loan servicing for the program. A third-party entity providing loan servicing shall comply with all of the requirements for student education loan servicers under chapter 31.04 RCW.

[ 2023 c 389 § 5; 2022 c 206 § 5.]