The Virginia Bureau of Financial Institutions has finalized amendments to 10 Va. Admin. Code Pt. 5-160 and published them in 33 Va. Reg. Regs. 2014 (May 1, 2017), which is available online at: http://register.dls.virginia.gov/toc.aspx?voliss=33:18. Among other changes, the amendments modify the definitions for a “lock-in agreement,” as well as the requirements for what should print on lock-in and commitment agreements.
We are currently reviewing this change to determine any impact to our document library and/or systems and evaluating any necessary changes. Any modifications we make will be announced on our website (http://blog.docutechcorp.com/category/document-updates).