WAC 208-490-010: Purpose Of These Rules (United States)

WAC 208-490-010: Purpose Of These Rules

Published: 2015

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WACs > Title 208 > Chapter 208-490 > Section 208-490-010

Beginning of Chapter

208-490-020

Agency filings affecting this section

WAC 208-490-010

Purpose of these rules.

These rules are designed to help Washington state-chartered credit unions establish, reiterate, integrate and maintain their own policies and procedures regarding subprime and nontraditional mortgage lending guidance. These policies and procedures are required by chapter 108, Laws of 2008 (chapter 19.144 RCW).
[Statutory Authority: RCW 43.320.040, 19.144.040 (2008 c 108). WSR 08-22-072, Â§ 208-490-010, filed 11/4/08, effective 12/5/08.]