DAYTON, Ohio, Jan. 6, 2016 /PRNewswire/ -- The Reynolds and Reynolds Company today announced the launch of the LAW® Nevada F&I Library, which was developed through a partnership between Reynolds Document Services and the Nevada Franchised Auto Dealers Association (NFADA).
The Reynolds LAW Nevada F&I Library is a comprehensive catalog of standardized, legally reviewed finance and insurance (F&I) documents available to automobile retailers in Nevada. The printed documents in the LAW Nevada F&I Library also are available in a digital format, which can help facilitate the conversion to laser-printed transactions or e-contracting.
"We're pleased to announce this new LAW brand library of F&I documents for dealers in Nevada," said Jerry Kirwan, senior vice president and general manager of Reynolds Document Services. "The documents in the library are designed to deliver several results to dealers, from helping minimize compliance risk to streamlining the car-buying process to enhancing the consumer experience with the dealership, especially in the F&I office."
Kirwan noted the documents in the LAW Nevada F&I Library are regularly reviewed for compliance with the latest regulations. Reynolds' industry-leading forms specialists lead the review alongside Reynolds' outside legal partners and representatives from the NFADA.
"Reynolds and Reynolds has been a trusted partner of the Nevada Franchised Auto Dealers Association (NFADA) and our member dealers for many years," said NFADA Executive Director Andy MacKay. "The LAW Nevada F&I Library is an important tool in assisting dealers in maintaining compliance with the changing regulatory landscape. In association with Reynolds, we are pleased to offer this suite of documents to our dealer members."
Don Weir, former immediate president of the NFADA, added: "Part of our mission is to help protect the business interests of Nevada auto dealers. We're pleased to work with Reynolds Document Services to offer the LAW Nevada F&I Library in support of that mission. It contains documents that can help dealers keep pace with regulatory developments, standardize their F&I processes, and improve the consumer experience in the dealer's F&I office."
Reynolds also is endorsed by the NFADA as a supplier of automotive business forms and related supplies.
The Nevada Franchised Auto Dealers Association (NFADA) is a nonprofit trade association dedicated to promoting and safeguarding the interests of factory-franchised motor vehicle dealers in Nevada. For more than 50 years, the NFADA has worked to develop a spirit of cooperation for members to exchange views, promote confidence, and establish effective trade relations with those who serve NFADA member dealers. For more information, visit www.nfada.net.
About Reynolds LAW Brand Documents
The Reynolds LAW brand is well established as one of the most trusted brands in the automotive industry. LAW documents are available in all 50 states and Washington, D.C., and have been endorsed by a number of state automobile dealers associations and leading automotive finance institutions.
The flagship product of the LAW brand is the Reynolds LAW® 553 Universal Retail Sale Contract, the most widely accepted document in auto finance. The Reynolds LAW 553 is available in a variety of languages and is regularly reviewed by industry experts to help keep pace with new legislative and regulatory developments.
Reynolds was founded in 1866 as a business forms printer. Since the 1920s, Reynolds has been known as the leader in serving automobile dealerships nationwide with standard and custom business and vehicle sales documents to help dealers manage their operations more efficiently and serve their customers more effectively.
Reynolds and Reynolds is a leading provider of automobile dealership software, services, and forms to help dealerships deliver better business results and transform the customer experience. The company is headquartered in Dayton, Ohio, with major operations in Houston and College Station, Texas, and Celina, Ohio.
SOURCE The Reynolds and Reynolds Company