Here is the second part of our 2 part Jurisdictional Updates. If you missed our first update, you can view that now on out blog. As mentioned in our previous post, there are many changes to be had. With so many pending changes we will only be focusing on passed legislation.
In this blog are the recent Jurisdictional Updates as of May 11, 2021. Since there is such a large volume of updates, be sure to check back for the remainder later this week. Since there are many pending changes we will only be focusing on passed legislation.
Q1 Jurisdictional Updates. As we begin a new year of business, there are a few State and Federal legislative changes to pay attention to in the first quarter of 2021. Keep in mind some of these are still in the legislative process.
In addition to all the other changes you may have been experiencing over the past few months, it is possible that some of the following very recent State legislation may affect you.
If you are here reading this blog article then you’ve likely taken your bank through some unprecedented times. Thankfully, for most lenders, you were in a decent place in terms of capital levels when the pandemic occurred. However, there are many new considerations as a result of these difficult times to help guide how things proceed.
It has felt like a trial of sorts over the past 3 months of our lives. A trial to see how well we come together over the hurdle of a microscopic problem. This hurdle in comparison would put Mount Olympus to shame. We were asked to abandon our everyday lives and adapt to a new way of life.
