70.340.040  <<  70.340.050 >>   70.340.060

Program administrationLoan origination fees. (Expires July 1, 2030.)

The agency shall partner and enter into a memorandum of agreement with the department of health to implement the revolving loan and grant program.
(1) The agency shall select loan and grant recipients and manage the work conducted under RCW 70.340.030(1).
(2) The department of health shall administer the loans and grants to qualified recipients as determined by the agency.
(3) The department of health may collect, from persons requesting financial assistance, loan origination fees to cover costs incurred by the department of health in operating the financial assistance program.
(4) The agency may use the moneys in the pollution liability insurance agency underground storage tank revolving account to fund the department of health's operating costs for the program.

NOTES:

Effective date2016 c 161 §§ 1-13: See note following RCW 70.340.010.
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