Please note the following updates to the Connecticut LAW F&I Library®:
Connecticut Buyers Order and Connecticut Buyers Order with Arbitration
The new form numbers are LAWCT-BO(3P)24 and LAWCT-BOARB3P24. They replace the LAWCT-BO(3P)19 and LAWCT-BOARB3P19. The new forms include, among others, the following updates:
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Added "Used Car Buyers Guide" verbiage to the face
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Added "Agreement to Purchase" disclosure
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Modified verbiage throughout the backer
Optional Product Disclosure
The new form number is LDJ-OPD(3P)24. It replaces the LDJ-OPD(3P)19. The new form includes, among others, the following updates:
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New 10/24 revision date
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Expanded Buyers/Lessee information field to include fields for Email, Phone, and Cell
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Added checkboxes to identify Transaction Type
Lien Payoff Authorization & Release
The new form number is PAYOFF-RELEASE24. It replaces the LAWCT-PAYOFF. The new form includes, among others, the following updates:
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New template with a 6/24 revision date
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Expanded scope of form to include both trade-in transactions and dealer purchase transactions
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Provides a description of the lien payoff process and the owner's financial responsibility
Arbitration Agreement
The LAW-ARB4P8/22 form has been approved for use in Connecticut.
We Owe You Owe
This document, form number SA-1506YO, has been added to the F&I Library.
Dealers will need to consult with their DMS provider regarding reprogramming requirements for new or updated documents.
You can place orders for the most recent version of any LAW document through our online portal ReySource, by contacting your Document Services Consultant, or calling 1.800.344.0996.