WBK Industry News - State Regulatory Developments

CA Issues New Model Co-Signer Notice with Additional Languages

California has recently issued a new Co-Signer Notice (Notice) which includes additional languages than previous model notices.  This Notice was authorized by SB 633 which, among other things, required an expansion of the languages that disclosure notices must be translated into.  Previously, these languages were English and Spanish.

The new Notice lists the disclosure to the co-signer in English, Spanish, Chinese, Tagalog, Vietnamese, and Korean.  To read more about SB 633, please see our prior article on it.