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New commercial finance disclosure laws exempt floorplan

Several states are considering new legislation

Amanda Harris

Auto lenders have been granted a reprieve from new commercial financing disclosure laws coming down the pipe into early 2023.  Several states have enacted, or are considering, laws to require improved disclosure practices in commercial financing transactions, but the laws exempt floorplan lending, Dustin Alonzo, partner at Hinshaw and Culbertson, told Auto Finance News.   The […]

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