DAYTON, Ohio, July 29, 2015 /PRNewswire/ -- Reynolds and Reynolds today announced the launch of the Reynolds LAW® North Carolina F&I Library, a comprehensive catalog of standardized, legally reviewed finance and insurance (F&I) documents available to automobile retailers in North Carolina.
"We are pleased to announce this new suite of documents for North Carolina dealers," said Jerry Kirwan, senior vice president and general manager of Reynolds Document Services. "The documents in the North Carolina LAW F&I Library are designed to deliver several results to dealers. First, help minimize compliance risks for dealers. Second, make the car-buying process smoother for consumers. And, enhance the consumer experience with the dealership, especially in the F&I office."
LAW brand documents help support a standardized, streamlined F&I process and can help reduce the retailer's litigation risk. The documents in the LAW North Carolina 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.
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.
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 documents 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. (www.reyrey.com)
SOURCE The Reynolds and Reynolds Company