Modernizing the legal framework surrounding digital signatures is of utmost importance for automotive retailers and lenders, particularly in the age of the coronavirus. A new piece of federal legislation has the potential to update an older law covering digital signatures in financial transactions and bring the statute into the 21st …
Read More »Pentagon reverses guidance on Military Lending Act rule
The Department of Defense reversed its guidance on the Military Lending Act, clearing confusion that has prevented automotive dealers from selling guaranteed asset protection, or GAP, to military members and covered relatives. The Pentagon said Thursday it was withdrawing part of a previously amended Q&A published in the December 2017 …
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