Reynolds and Reynolds continued to build its resources for dealerships by recently releasing the Reynolds LAW Utah F&I Library, which is a comprehensive catalog of standardized, legally reviewed finance and insurance (F&I) documents for franchised dealers throughout the state of Utah.

“Regulatory scrutiny will be a continuing and ever-present demand automotive retailers will have to face," said Jerry Kirwan, senior vice president and general manager of Reynolds Document Services. “In response, we’ve developed the LAW Utah F&I Library as one more tool dealers can use to meet compliance obligations and reduce risk.

“The documents in the library are regularly reviewed for compliance with the latest automotive regulations by Reynolds' industry-leading forms specialists alongside Reynolds' outside legal partners,” Kirwan continued.

In addition to helping to minimize compliance risk, Kirwan noted that the documents in the library are designed to streamline the vehicle-buying process and enhance the consumer experience with the dealership. Because the documents are written in consumer-friendly language, they can help to create a clearer, more efficient F&I process for the consumer.

By increasing the efficiency of the F&I process, the overall consumer experience with the dealership can be improved.

The printed documents in the LAW Utah F&I Library also are available in a digital format, which can help facilitate the conversion to laser-printed transactions and e-contracting. Reynolds Document Services maintains licensing agreements with all major providers of electronic F&I (e-F&I) solutions.

Now along with Utah, Reynolds has libraries for:

— Alabama

— Arizona

— Arkansas

— California

— Colorado

—Idaho

— Illinois

— Kentucky

— Louisiana

— Maryland

— Massachusetts

— Michigan

— New Jersey

— New Mexico

— North Carolina

— Ohio

— Oregon

— Pennsylvania

— Tennessee

— Texas

— Virginia

— Washington

— West Virginia