Inside This Issue. July E-FORMS End-User Product Update

Transcription

1 E-FORMS End-User Product Update July 2012 To learn more about Wolters Kluwer Financial Services, visit our web site at Information on E-Forms is found by typing E-Forms in the Search box. Electronic Forms Support Technical Support , Ext (available from 7 A.M. to 7 P.M.) contentsupport@wolterskluwer.com (Please type E-Forms in the subject line.) Voice mail and are checked hourly between 8 A.M. and 5 P.M. Central Standard Time. Quotes and Order Information for Custom and OCP E-Forms Please contact your Account Representative. Invoicing , Ext Forms Use and Compliance Questions IRA Forms Questions Real Estate Lending Forms Financial Institutions Other Lending and Deposit Forms Financial Institutions The objective of this monthly product update is to provide a recap of regulatory-driven form changes, form enhancements, and new forms that are being developed. You will receive a description of these changes so that you can plan ahead for implementing them. We believe this service enhances the value of our electronic forms offering while providing the extra level of service you have come to expect from Wolters Kluwer Financial Services Bankers Systems. We welcome your comments, suggestions, or ideas for enhancements to this update. Inside This Issue Lending Minnesota... Page 7 Multistate Forms... Page 2 New Mexico... Page 8 State-Specific Forms Rhode Island... Page 9 Arizona... Page 3 IRA California... Page 3 Multistate Forms... Page 10 DC... Page 4 Glossary of Terminology... Page 15 Iowa... Page 5 Completed Forms Grid... Page 17 Kentucky... Page 5 Please have your customer number available when contacting us. Wolters Kluwer Financial Services P.O. Box 1457 St. Cloud, MN

2 Lending Electronic Modules COM, CONCU, FCM, GSM, HEM, HIM, LEM, MHM, MVM, REMCU, TPM LENDING MULTISTATE FORMS ACH-PW - Preauthorized Payment Authorization We are revising this authorization for preauthorized withdrawals to make a number of minor changes suggested by our users: An alternate option allowing the user to specify how the authorization is to be terminated. For example, the user may specify a phone number to call, an address, or mailing address e.g., 3 days advance written notice mailed to: [mailing address]. A Payment Description line to allow the purpose of the payments to be described. This might include a general description or specific detail like a loan or policy ID number. A larger space for describing the originator/payee s name. A larger space for describing the Amount of the payments (for example, allowing a description such as accrued monthly interest ). A larger space for describing frequency and timing details. Additional changes have been made throughout the form to simplify the language of the authorization, including removal of a couple of rarely used standard options, and one phrase has been added mentioning the possibility of correction credit entries as encouraged by ACH system guidelines. Compliance with Required Effective Date 01/01/2013 RISK-NONREAL - Risk-Based Pricing Notice Exception Form for Loans not Secured by Residential Real Property The text of the section labeled "How can you get more information?" is being changed in the model form to include contact information for the CFPB rather than the FRB and FTC. Compliance with Required Effective Date 01/01/2013 RISK-REVIEW - Risk-Based Pricing Notice - Account Review The text of the section labeled "How can you get more information?" is being changed in the model form to include contact information for the CFPB rather than the FRB and FTC. Compliance with Required Effective Date 01/01/2013 RISK-REVIEWC - Risk-Based Pricing Notice - Account Review with Credit Score The text of the section labeled "How can you get more information?" is being changed in the model form to include contact information for the CFPB rather than the FRB and FTC. BSI-JS1-1CS /1/07 Wolters Kluwer Financial Services [FORM NUMBER] [JOB NUMBER] [DATE]

3 E-FORMS End-User Product Update W-7 - Application for IRS Individual Taxpayer Identification Number. W-7-SP - Application for IRS Individual Taxpayer Identification Number (Spanish) W7-INST- Application for IRS Individual Taxpayer Identification Number Instructions To learn more about Wolters Kluwer Financial Services, visit our web site at Information on E-Forms is found by typing E-Forms in the Search box. Electronic Forms Support Technical Support , Ext (available from 7 A.M. to 7 P.M.) contentsupport@wolterskluwer.com (Please type E-Forms in the subject line.) Voice mail and are checked hourly between 8 A.M. and 5 P.M. Central Standard Time. Quotes and Order Information for Custom and OCP E-Forms Please contact your Account Representative. Invoicing , Ext Forms Use and Compliance Questions IRA Forms Questions Real Estate Lending Forms Financial Institutions Other Lending and Deposit Forms Financial Institutions Please have your customer number available when contacting us. Wolters Kluwer Financial Services P.O. Box 1457 St. Cloud, MN W7-INST-SP - Application for IRS Individual Taxpayer Identification Number Instructions ( Spanish) The IRS has made minor changes to the W-7, W7-INST, W-7-SP and W7-INST-SP effective January We are updating our W-7 and instructions to match the IRS's most current version. LENDING STATE-SPECIFIC FORMS Arizona Compliance with Required Effective Date Immediately RSSIMVLFLZAZ - Retail Sales Simple Interest Motor Vehicle with Late Fee RSSIMVLFAZAZ - Retail Sales Simple Interest Motor Vehicle Late Fee and Arbitration The Arizona Used Motor Vehicle Warranty section requires a disclosure in 10-point bold type. (ARS ) The type size of the disclosure is being increased to address the type size requirement. Customers should discontinue using prior revisions immediately. California MV-1-CA - Application for Title or Registration The State of California Department of Motor Vehicles has updated their Application for Title or Registration REG 343 with a revision date of 2/2012. We are updating our form MV-1-CA to match the state's form. The entire document has been reformatted to match the state's changes. Compliance with Required Effective Date 7/1/2012 MVL-CE-CA - Motor Vehicle Lease - Closed End The MVL-CE-CA document is being revised in response to California AB 1215 (2011). 3

4 The following AB 1215 changes have a mandatory effective date of July 1, 2012: We are changing Itemization of Amount Due at Lease Signing or Delivery section as follows: (1) added "(paid to State)" to clarify line items for Registration Fees and Title Fees, (2) changed "Doc Prep Fee" to "Doc. Processing Charge (not a gov't fee)", and (3) changing "Optional DMV elec. filing fee" to "Electronic Veh. Registration or Transfer Charge (not a gov't fee)". We are changing the Itemization of Gross Capitalized Cost section as follows: (1) added "(paid to State)" to clarify the Title, License, and Registration fees line item, (2) added a new line for "Electronic Veh. Registration or Transfer Charge (not a gov't fee)", and (3) changed the Documentation fee line item to "Doc. Processing Charge (not a gov't fee)". We are also condensing the Agreed upon value of the Vehicle line item to fit on one line. The AB 1215 changes are mandatory as of July 1, 2012, but customers can begin using the new revision before that date. Customers should discontinue using prior revisions on (or before) June 30, Compliance with Required Effective Date 7/1/2012 RSSIMVLFLZCA Retail Installment Contract RSIMVLFAZCA - Retail Installment Contract RSPACMVLFZCA - Retail Installment Contract These forms are being revised in response to California AB 1215 (2011) as well as to make minor customer requested market enhancements. The following AB 1215 changes have a mandatory effective date of July 1, 2012: We changed Itemization of Amount Financed line items 1.B., 1.C., 1.G., and 4. by changing the fee names or by conforming the names with statutory references and by adding not a governmental fee to those fees references where it is now required. The following customer requested market enhancements were also made: The primary use statement above the Fed Box changed to default to a personal, family, or household use purpose unless the checkbox for business, commercial or agricultural purpose is checked. This eliminates the need to check a box unless the transaction is for a business, commercial, or agricultural purpose. We modified the Trade-In Description; Payoff Accuracy; Agreement provision to help clarify. The AB 1215 changes are mandatory as of July 1, 2012, but customers can begin using the new revision before that date. Customers should discontinue using prior revisions on (or before) June 30, DC BSI-JS1-1CS /1/07 Wolters Kluwer Financial Services [FORM NUMBER] [JOB NUMBER] [DATE]

5 E-FORMS End-User Product Update MV-1-DC - Certificate of Title/Temporary Registration and Tag Application The Government of the District of Columbia, Department of Motor Vehicles have revised their form DMV-CTA-001 with a revision date of 05/16/2012. We are revising our form MV-1-DC to match their revisions. They have changed the name of the document from "Certificate of Title/Temporary Tag Application" to "Certificate of Title/Temporary Registration and Tag Application." They have added a checkbox for "Temporary DC Registration" and moved the "Temporary Tag" checkbox to the second row. To learn more about Wolters Kluwer Financial Services, visit our web site at Information on E-Forms is found by typing E-Forms in the Search box. Electronic Forms Support Technical Support , Ext (available from 7 A.M. to 7 P.M.) contentsupport@wolterskluwer.com (Please type E-Forms in the subject line.) Voice mail and are checked hourly between 8 A.M. and 5 P.M. Central Standard Time. Quotes and Order Information for Custom and OCP E-Forms Please contact your Account Representative. Invoicing , Ext Forms Use and Compliance Questions IRA Forms Questions Real Estate Lending Forms Financial Institutions Other Lending and Deposit Forms Financial Institutions Please have your customer number available when contacting us. Wolters Kluwer Financial Services P.O. Box 1457 St. Cloud, MN Iowa MV-2-IA - Application for Notation of Security Interest The Iowa Department of Transportation has updated their Application for Notation of Security Interest form with a revision date of We are updating our form MV-2-IA to match the states form. We have changed our form to read "Holder of certificate of title not already subject to a perfected security interest must present this form and certificate of title, if available, to the County Treasurer where the title was/will be issued. The WKFS tagline was also added to this form. Kentucky Compliance with Required Effective Date 07/11/2012 RSPACMVLZ-KY - Retail Installment Contract-Pre Computed-Motor Vehicle Kentucky HB 417 was passed and is effective July 11, 2012, revising the Motor Vehicle Sales Installment Sales Contract law. In response, we are revising the form by: adding a Processing Charge to the Payments section (see new KRS (8) (d)); reducing the font size of the Liability Insurance notice. It will now print in 10 pt bold; removing the limitation to 15% in the attorneys fees clause of the Default section and replacing it with: You also agree to pay our reasonable attorneys' fees after default and referral to an attorney who is not our salaried employee; and modifying language above the signature lines to add one new sentence and modifying another regarding acknowledgment of delivery of a copy. The first (new) sentence reads: This Contract requires that a copy of it be furnished to you at the time it is executed. The last sentence will be modified to read: BY SIGNING BELOW, YOU ALSO ACKNOWLEDGE THAT 5

6 YOU RECEIVED A COPY OF THIS CONTRACT AND HAD A CHANCE TO READ AND REVIEW IT BEFORE YOU SIGNED IT. Note that the late charge authority (KRS (1) (d)) will be revised to allow the dealer to charge an amount not in excess of 5% of each installment or $15 (increased from $5), whichever is greater. The PAC form already includes a late charge provision and uses a blank line for the user to describe the amount of the charge. As a result, we did not need to update the late charge provisions of this form. In addition, we are updating the Itemization of Amount Financed to be consistent with our other motor vehicle retail sales contracts in KY. We also are implementing the WKFS tagline. Compliance with Required Effective Date 07/11/2012 RSSIMVLAZKY - Retail Installment Contract-Simple Interest Kentucky HB 417 was passed and is effective July 11, 2012, revising the Motor Vehicle Sales Installment Sales Contract law. In response, we are revising the form by: adding a late charge to all the Simple Interest versions (Fed Box and a contract reference in Payment section). A late charge was only allowed for precompiled contracts until now. We are adding in the Fed Box: Late Charge. If all or any portion of a payment is not paid within 10 days of its due date, you will be charged a late charge of 5% of the unpaid amount of the payment due or $15, whichever is greater. In the Payment section, we are adding a corresponding reference to the late charge provision; adding a Processing Charge to the Payments section (see new KRS (8) (d)); reducing the font size of the Liability Insurance notice. It will now print in 10 pt bold; removing the limitation to 15% in the attorneys fees clause of the Default section and replacing it with: You also agree to pay our reasonable attorneys' fees after default and referral to an attorney who is not our salaried employee; and modifying language above the signature lines to add one new sentence and modifying another regarding acknowledgement of delivery of a copy. The first (new) sentence reads: This Contract requires that a copy of it be furnished to you at the time it is executed. The last sentence was modified to read: BY SIGNING BELOW, YOU ALSO ACKNOWLEDGE THAT YOU RECEIVED A COPY OF THIS CONTRACT AND HAD A CHANCE TO READ AND REVIEW IT BEFORE YOU SIGNED IT. In addition, we are updating the Itemization of Amount Financed in the RSSIMVLAZ-KY to be consistent with our other motor vehicle retail sales contracts in KY. Compliance with Required Effective Date 07/11/2012 RSSIMVLFLZKY - Retail Installment Contract-Simple Interest RSSIMVLFAZKY - Retail Installment Contract-Simple Interest BSI-JS1-1CS /1/07 Wolters Kluwer Financial Services [FORM NUMBER] [JOB NUMBER] [DATE]

7 E-FORMS End-User Product Update Kentucky HB 417 was passed and is effective July 11, 2012, revising the Motor Vehicle Sales Installment Sales Contract law. In response, we are revising the form by: To learn more about Wolters Kluwer Financial Services, visit our web site at Information on E-Forms is found by typing E-Forms in the Search box. Electronic Forms Support Technical Support , Ext (available from 7 A.M. to 7 P.M.) contentsupport@wolterskluwer.com (Please type E-Forms in the subject line.) Voice mail and are checked hourly between 8 A.M. and 5 P.M. Central Standard Time. Quotes and Order Information for Custom and OCP E-Forms Please contact your Account Representative. Invoicing , Ext Forms Use and Compliance Questions IRA Forms Questions Real Estate Lending Forms Financial Institutions Other Lending and Deposit Forms Financial Institutions Please have your customer number available when contacting us. Wolters Kluwer Financial Services P.O. Box 1457 St. Cloud, MN adding a late charge to all the Simple Interest versions (Fed Box and a contract reference in Payment section). A late charge was only allowed for precompiled contracts until now. We are adding in the Fed Box: Late Charge. If all or any portion of a payment is not paid within 10 days of its due date, you will be charged a late charge of 5% of the unpaid amount of the payment due or $15, whichever is greater. In the Payment section, we are adding a corresponding reference to the late charge provision; adding a Processing Charge to the Payments section (see new KRS (8) (d)); reducing the font size of the Liability Insurance notice. It will now print in 10 pt bold; removing the limitation to 15% in the attorneys fees clause of the Default section and replacing it with: You also agree to pay our reasonable attorneys' fees after default and referral to an attorney who is not our salaried employee; and modifying language above the signature lines to add one new sentence and modifying another regarding acknowledgement of delivery of a copy. The first (new) sentence reads: This Contract requires that a copy of it be furnished to you at the time it is executed. The last sentence was modified to read: BY SIGNING BELOW, YOU ALSO ACKNOWLEDGE THAT YOU RECEIVED A COPY OF THIS CONTRACT AND HAD A CHANCE TO READ AND REVIEW IT BEFORE YOU SIGNED IT. Minnesota CNST-AGRE-MN - Commercial Construction Loan Agreement CNSTNOTE3-MN - Commercial Subdivision Construction Note These forms are being dated in response to a recent Minnesota Supreme Court decision, United Prairie Bank-Mountain Lake v. Haugen Nutrition & Equipment, LLC, in which Minnesota became the first court in the United States to recognize a constitutional right to a jury trial to determine attorney fees recoverable under a contract. The case also emphasized the importance of broad jury waiver language. We are updating the following construction documents to specifically include the issue of attorneys fees in the jury waiver language as well as the WKFS tagline: CNSTNOTE3-MN and CNST-AGRE- MN. 7

8 MV-1-MN - Application to Title/Reg. a Vehicle The Minnesota Department of Public Safety Driver and Vehicle Services Division have updated their Application to Title/Reg. Vehicle form PS with a revision date of 04/11. We are updating our forms MV-1-MN to match the state's changes. The previous form was PS and it is now PS In the "Validation and Office Use Only" section, we have added "DVS Central Office Use Only." Minor formatting changes are also been made throughout the document. New New Mexico Compliance with Required Effective Date 8/1/2012 BUY-ORDER-NM Buyer s Order The New Mexico Attorney General issued a new regulation requiring any dealer who conditions the sale of a motor vehicle on the dealer's ability to sell the paper to include a boldface notice on the transaction document or the purchase order agreement. NMAC this requirement is effective on August 1, The buyer's order form is a purchase order agreement and must, therefore, have the notice. Compliance with Required Effective Date 8/1/2012 RSSIMVLFAZNM Retail Installment Contract RSSIMVLFLZNM Retail Installment Contract The New Mexico Attorney General issued a new regulation requiring any dealer who conditions the sale of a motor vehicle on the dealer's ability to sell the paper to include a boldface notice on the transaction document or the purchase order agreement. NMAC this requirement is effective on August 1, North Dakota UCC1CNSLZ-ND - Uniform Commercial Code Financing Statement UCC1CNINLZND - Uniform Commercial Code Financing Statement Instructions The North Dakota Secretary of State/County Recorders have revised their UCC Financing Statement document (SFN 14009) with a revision date of We are revising our forms UCC1CNINLZND and UCC1CNSLZ-ND to match the state s changes. The word "phone" has been updated to "telephone" when being used. In the instructions number 7 they have added "Privacy: For CNS Filing, the SSN/TIN is required by North Dakota law and Federal Food Security Act of The number is used to search CNS filings but is not returned in the search results and is redacted from all copies of the record." BSI-JS1-1CS /1/07 Wolters Kluwer Financial Services [FORM NUMBER] [JOB NUMBER] [DATE]

9 E-FORMS End-User Product Update UCC3CNSLAZND - Uniform Commercial Code Financing Statement The North Dakota Secretary of State/County Recorders have revised their UCC Amendment document (SFN 14010) with a revision date of We are revising our form UCC3CNSLAZND to match the state s changes. The word "phone" has been updated to "telephone" when being used. Some of the sections have been renumbered. To learn more about Wolters Kluwer Financial Services, visit our web site at Information on E-Forms is found by typing E-Forms in the Search box. Electronic Forms Support Technical Support , Ext (available from 7 A.M. to 7 P.M.) contentsupport@wolterskluwer.com (Please type E-Forms in the subject line.) Voice mail and are checked hourly between 8 A.M. and 5 P.M. Central Standard Time. Quotes and Order Information for Custom and OCP E-Forms Please contact your Account Representative. Invoicing , Ext Forms Use and Compliance Questions IRA Forms Questions Real Estate Lending Forms Financial Institutions Other Lending and Deposit Forms Financial Institutions Please have your customer number available when contacting us. Wolters Kluwer Financial Services P.O. Box 1457 St. Cloud, MN UCC3CNINLZND - Uniform Commercial Code Financing Statement Instructions The North Dakota Secretary of State/County Recorders have revised their UCC Amendment instructions (SFN 14010) with a revision date of We are revising our form UCC3CNINLZND to match the state s changes. Some of the sections have been renumbered and reformatted. In section number 9, they have added "Privacy: For CNS Filing, the SSN/TIN is required by North Dakota law and Federal Food Security Act of The number is used to search CNS filings but is not returned in the search results and is redacted from all copies of the record." UCC5CINSLZND - Uniform Commercial Code Overflow Form The North Dakota Secretary of State/County Recorders have revised their UCC Overflow Form (SFN 17831) with a revision date of We are revising our form UCC5CINSLZND to match the state s changes. In the instructions number 7 they have added "Privacy: For CNS Filing, the SSN/TIN is required by North Dakota law and Federal Food Security Act of The number is used to search CNS filings but is not returned in the search results and is redacted from all copies of the record. New Rhode Island Compliance without Required Effective Date VMP1032RI - Title Insurance Disclosure Per RI Statutes, & lenders are required to notify borrowers that they have a right to select a title attorney or title company of their choice. Borrowers may waive this right and have the lender select for them. Borrowers must also be notified that they can purchase owner's title insurance. 9

10 IRA Electronic Modules IEM and HSM IRA MULTISTATE FORMS Compliance without Required Effective Date HSA-BK-C-LAZ - Health Savings Account Booklet - Custodial (includes self-direction) IRS Form 5305-C, Health Savings Custodial Account: The Internal Revenue Service (IRS) issued a November 2011 revision of this document. Changes include: Article II. The calendar years and corresponding contribution limits are being updated: Article VI. The 10 percent additional tax for distributions not used to pay for or reimburse qualified medical expenses was increased to 20 percent. IRS Form 5305-C Instructions What is New This section will be added for the additional tax increase for distributions not used to pay for or reimburse qualified medical expenses from 10% to 20%. Purpose of Form Updating references for where to find more information on HSAs. High Deductible Health Plan (HDHP). The calendar years and corresponding plan limits were updated. Health Savings Account Disclosure Statement: HSA Restrictions and Approval. 9. No Prohibited Transactions. The 10 percent additional tax for distributions not used to pay for or reimburse qualified medical expenses was increased to 20 percent. HSA Eligibility. 2. High-Deductible Health Plan. Updating the chart to reflect the plan-related limits for current tax years. HSA Contributions. 2. Regular or Annual Contributions. a. Maximum Annual Contributions. Updating the chart to reflect the limits for current tax years. Moving Assets To and From HSAs. 5. Health Reimbursement Arrangement (HRA)/Health Flexible Spending Account (FSA)-to-HSA Rollovers. This section is being removed because the provision was only available through tax year Compliance without Required Effective Date HSA-BK-T-LAZ - Health Savings Account Booklet Trust BSI-JS1-1CS /1/07 Wolters Kluwer Financial Services [FORM NUMBER] [JOB NUMBER] [DATE]

11 E-FORMS End-User Product Update IRS Form 5305-B, Health Savings Trust Account: The Internal Revenue Service (IRS) issued a November 2011 revision of this document. Changes include: Article II. The calendar years and corresponding contribution limits will be updated. To learn more about Wolters Kluwer Financial Services, visit our web site at Information on E-Forms is found by typing E-Forms in the Search box. Electronic Forms Support Technical Support , Ext (available from 7 A.M. to 7 P.M.) contentsupport@wolterskluwer.com (Please type E-Forms in the subject line.) Voice mail and are checked hourly between 8 A.M. and 5 P.M. Central Standard Time. Quotes and Order Information for Custom and OCP E-Forms Please contact your Account Representative. Invoicing , Ext Forms Use and Compliance Questions IRA Forms Questions Real Estate Lending Forms Financial Institutions Other Lending and Deposit Forms Financial Institutions Please have your customer number available when contacting us. Wolters Kluwer Financial Services P.O. Box 1457 St. Cloud, MN Article VI. The 10 percent additional tax for distributions not used to pay for or reimburse qualified medical expenses will be increased to 20 percent. IRS Form 5305-B Instructions What is New This section will be added for the additional tax increase for distributions not used to pay for or reimburse qualified medical expenses from 10% to 20%. Purpose of Form Updating references for where to find more information on HSAs. High Deductible Health Plan (HDHP). The calendar years and corresponding plan limits will be updated. Health Savings Account Disclosure Statement: HSA Restrictions and Approval. 9. No Prohibited Transactions. The 10 percent additional tax for distributions not used to pay for or reimburse qualified medical expenses was increased to 20 percent. HSA Eligibility. 2. High-Deductible Health Plan. Updating the chart to reflect the planrelated limits for current tax years. HSA Contributions. 2. Regular or Annual Contributions. a. Maximum Annual Contributions. Updating the chart to reflect the limits for current tax years. Moving Assets To and From HSAs. 5. Health Reimbursement Arrangement (HRA)/Health Flexible Spending Account (FSA)-to-HSA Rollovers. This section was removed because the provision was only available through tax year Compliance without Required Effective Date HSA-CNIN-LAZ - Health Savings Account (HSA) Contribution Instructions Revenue Procedure provides the 2013 inflation adjusting deduction limitations for annual contributions made to a health savings account (HSA) under section

12 These deduction limitations are updated annually pursuant to section 223(g) to reflect the cost-ofliving adjustments. The Annual Contributions table on the Additional Information page will be updated to reflect the 2013 limits. The contribution type of 'Rollover from a Health Reimbursement Arrangement/Health Flexible Spending Account' is being removed because this provision was only available through tax year Accordingly, the terms for 'Health Flexible Spending Account (FSA)' and 'Health Reimbursement Arrangement (HRA)' were removed from the Additional Information page. Compliance without Required Effective Date HSA-T-ORGLAZ - Health Savings Account Organizer Trust Health Savings Account (HSA) Application: The contribution type of 'Rollover from a Health Reimbursement Arrangement/Health Flexible Spending Account' will be removed because this provision was only available through tax year IRS Form 5305-B, Health Savings Trust Account: The Internal Revenue Service (IRS) issued a November 2011 revision of this document. Changes include: Article II. The calendar years and corresponding contribution limits were updated. Article VI. The 10 percent additional tax for distributions not used to pay for or reimburse qualified medical expenses was increased to 20 percent. IRS Form 5305-B Instructions What is New This section will be added for the additional tax increase for distributions not used to pay for or reimburse qualified medical expenses from 10% to 20%. Purpose of Form Updating references for where to find more information on HSAs. High Deductible Health Plan (HDHP). The calendar years and corresponding plan limits will be updated. Health Savings Account Disclosure Statement: HSA Restrictions and Approval. 9. No Prohibited Transactions. The 10 percent additional tax for distributions not used to pay for or reimburse qualified medical expenses was increased to 20 percent. HSA Eligibility. 2. High-Deductible Health Plan. Updating the chart to reflect the plan-related limits for current tax years. HSA Contributions. 2. Regular or Annual Contributions. BSI-JS1-1CS /1/07 Wolters Kluwer Financial Services [FORM NUMBER] [JOB NUMBER] [DATE]

13 E-FORMS End-User Product Update a. Maximum Annual Contributions. Updating the chart to reflect the limits for current tax years. Moving Assets To and From HSAs. 5. Health Reimbursement Arrangement (HRA)/Health Flexible Spending Account (FSA)-to-HSA Rollovers. This section will be removed because the provision was only available through tax year Compliance without Required Effective Date To learn more about Wolters Kluwer Financial Services, visit our web site at Information on E-Forms is found by typing E-Forms in the Search box. Electronic Forms Support Technical Support , Ext (available from 7 A.M. to 7 P.M.) contentsupport@wolterskluwer.com (Please type E-Forms in the subject line.) Voice mail and are checked hourly between 8 A.M. and 5 P.M. Central Standard Time. Quotes and Order Information for Custom and OCP E-Forms Please contact your Account Representative. Invoicing , Ext Forms Use and Compliance Questions IRA Forms Questions Real Estate Lending Forms Financial Institutions Other Lending and Deposit Forms Financial Institutions Please have your customer number available when contacting us. Wolters Kluwer Financial Services P.O. Box 1457 St. Cloud, MN HSA-CUSORGLZ - Health Savings Account Organizer - Custodial (includes selfdirection) Health Savings Account (HSA) Application: The contribution type of 'Rollover from a Health Reimbursement Arrangement/Health Flexible Spending Account' will be removed because this provision was only available through tax year IRS Form 5305-C, Health Savings Custodial Account: The Internal Revenue Service (IRS) issued a November 2011 revision of this document. Changes include: Article II. The calendar years and corresponding contribution limits were updated. Article VI. The 10 percent additional tax for distributions not used to pay for or reimburse qualified medical expenses was increased to 20 percent. IRS Form 5305-C Instructions What is New This section is being added for the additional tax increase for distributions not used to pay for or reimburse qualified medical expenses from 10% to 20%. Purpose of Form Updating references for where to find more information on HSAs. High Deductible Health Plan (HDHP). The calendar years and corresponding plan limits were updated. Health Savings Account Disclosure Statement: HSA Restrictions and Approval. 9. No Prohibited Transactions. The 10 percent additional tax for 13

14 distributions not used to pay for or reimburse qualified medical expenses was increased to 20 percent. HSA Eligibility. 2. High-Deductible Health Plan. Updating the chart to reflect the plan-related limits for current tax years. HSA Contributions. 2. Regular or Annual Contributions. a. Maximum Annual Contributions. Updating the chart to reflect the limits for current tax years. Moving Assets To and From HSAs. 5. Health Reimbursement Arrangement (HRA)/Health Flexible Spending Account (FSA)-to-HSA Rollovers. This section was removed because the provision was only available through tax year Compliance without Required Effective Date IRACMBDISLAZ - IRA Distribution Form for Traditional, Roth, and SIMPLE IRAs In general, the federal withholding rules do not apply to Roth IRA distributions. An exception to the general rule applies to excess contributions returned to the Roth IRA owner by the tax-filing due date. The federal withholding rules apply to the taxable earnings portion of such a distribution unless the taxable amount is less than $200. An explanation for Federal Withholding will be added to the Additional Information page. Compliance without Required Effective Date IRADISROTHLZ - Roth IRA Distribution Form In general, the federal withholding rules do not apply to Roth IRA distributions. An exception to the general rule applies to excess contributions returned to the Roth IRA owner by the tax-filing due date. The federal withholding rules apply to the taxable earnings portion of such a distribution unless the taxable amount is less than $200. A field for Federal Withholding is being added to the 'Payment Detail' section of the form with an explanation added to the Additional Information page. The WKFS tagline was also implemented. Glossary of Terminology We are adding, to our monthly E-Forms Partner Product Update, a glossary of terminology to provide more accurate and consistent communication. We hope the clarification will be useful to you. Compliance with Required Effective Date (xx/xx/xx) The new or revised document is being driven by legislative or regulatory mandate and is required to be implemented by the effective date indicated. Compliance without Required Effective Date BSI-JS1-1CS /1/07 Wolters Kluwer Financial Services [FORM NUMBER] [JOB NUMBER] [DATE]

15 E-FORMS End-User Product Update The new or revised document is being driven by legislative or regulatory mandate, but the mandate has not defined an implementation date. All parties (Wolters Kluwer Financial Services, alliance, and customer) must respond in as timely manner as possible to implement. The new or revised document has: To learn more about Wolters Kluwer Financial Services, visit our web site at Information on E-Forms is found by typing E-Forms in the Search box. Electronic Forms Support Technical Support , Ext (available from 7 A.M. to 7 P.M.) contentsupport@wolterskluwer.com (Please type E-Forms in the subject line.) Voice mail and are checked hourly between 8 A.M. and 5 P.M. Central Standard Time. Quotes and Order Information for Custom and OCP E-Forms Please contact your Account Representative. Invoicing , Ext Forms Use and Compliance Questions IRA Forms Questions Real Estate Lending Forms Financial Institutions Other Lending and Deposit Forms Financial Institutions Please have your customer number available when contacting us. Wolters Kluwer Financial Services P.O. Box 1457 St. Cloud, MN A change in feature or function of a Wolters Kluwer Financial Services document driven by market and customer input to be more useful or easier to use. Wolters Kluwer Financial Services determined clarification or enhancement of a Wolters Kluwer Financial Services document to provide added value. Update to a state or federal form in terms of verbiage or fields which has been incorporated to match the government s changes. The old version of the form is still compliant; however, future revisions driven by legislative and regulation imperatives will be rendered on the new version of the form, not the old version. The implementation time frame by alliance and customer is discretionary, but it is incumbent on the parties to implement in a timely manner so as to not jeopardize continued compliance. (Note: Government form revisions may drive a timelier implementation.) Discontinued with Discretionary Implementation Date The document is being discontinued and replaced by another document as specified. The discontinued document is still compliant; however, future revisions driven by legislative and regulation imperatives will be rendered on the new version of the document, not the old version. The implementation time frame by alliance and customer is discretionary, but it is incumbent on the parties to implement in a timely manner so as to not jeopardize continued compliance. Discontinued with Termination Date (xx/xx/xx) The form is being discontinued and no longer supported. There is no replacement form designated and form will not be supported at specified date. The action could be driven by several causes such as removal of compliance requirement or business decision to not support a line of business. Technical with Discretionary Implementation Date The new or revised document has a change that relates to the technical structure of the e-form which is non-regulatory and/or non-visible to the form s end user. For example, such changes could be the size of a data field on the e-form or field label which is not visible to the end customer. The document implementation is discretionary, but should 15

16 be accomplished in a timely manner. Technical changes are not communicated in the E-Forms Partner Newsletter, but in the full release. Revision Date The revision date on the form is the date which Wolters Kluwer Financial Services compliance services initiated making form changes that were Compliance, Market, or Technical in category. The revision date is not the date at which the form was available to alliances or customers. The process time from start of revision to release varies and is dependent on the number documents and jurisdictions affected by regulation change, size of document change, and priority. About Wolters Kluwer Financial Services Wolters Kluwer Financial Services is a leading provider of regulatory compliance solutions and services for banking, securities, and insurance focused on helping meet your business objectives. To learn more, please visit BSI-JS1-1CS /1/07 Wolters Kluwer Financial Services [FORM NUMBER] [JOB NUMBER] [DATE]

17 COMPLETED FORMS GRID July 2012 Below is a list of the E-Forms, sorted by file name, which were recently completed in Compliance Services. File Name Form Name Description Revision Date AR132 VMP132AR Counter Offer - Arkansas 04/01/2012 AR30 VMP30AR Statement of Credit Denial - Arkansas 04/01/2012 AZRSMFAZ RSSIMVLFAZAZ Retail Installment Contract Motor Vehicle Arizona 06/08/2012 AZRSMFLZ RSSIMVLFLZAZ Retail Installment Contract Motor Vehicle - Arizona 06/08/2012 CA132 VMP132CA Counter Offer California 04/01/2012 CA30 VMP30CA Statement of Credit Denial - California 04/01/2012 CAMVLCE MVL-CE-CA Motor Vehicle Lease Closed End - California 06/29/2012 CARSMFAZ RSSIMVLFAZCA Retail Sales Contract-Motor Vehicle - California 06/29/2012 CARSMFLZ RSSIMVLFLZCA Retail Sales Contract-Motor Vehicle - California 06/29/2012 CARSPLFZ RSPACMVLFZCA Retail Sales Contract-Motor Vehicle - California 06/29/2012 CT132 VMP132 Counter Offer - Connecticut 04/01/2012 CT30 VMP30CT Statement of Credit Denial - Connecticut 04/01/2012 DCMV1 MV-1-DC Title Application - DC 02/01/2012

18 18 FLBUYODR BUY-ORDER-FL Buyers Order - Florida 04/15/2012 KYRSMFAZ RSSIMVLFAZKY Retail Installment Contract Motor Vehicle - Kentucky 06/29/2012 KYRSMFLZ RSSIMVLFLZKY Retail Installment Contract Motor Vehicle with Late Fee - Kentucky 06/29/2012 KYRSPAMV RSPACMVLZ-KY Retail Sales Recomputed Motor Vehicle Agreement - 06/29/2012 KYRSSIMV RSSIMVLAZ-KY Retail Sales Contract-Motor Vehicle - Kentucky 06/29/2012 MA132 VMP132MA Counter Offer - Massachusetts 04/01/2012 MA30 VMP30MA Statement of Credit Denial - Massachusetts 04/01/2012 ME132 VMP132 Counter Offer - Maine 04/01/2012 ME30 VMP30ME Statement of Credit Denial - Maine 04/01/2012 MSAGCORE AGCO-RESI-MS Agricultural Commercial Deed of Trust - Mississippi 01/27/2012 MTRSMFLZ RSSIMVLFLZMT Retail Installment Agreement- Motor Vehicle - Montana 04/25/2012 OREFS1LZ EFS-1-LAZ-OR Effective Financing Statement - Oregon 02/15/2012 TXRSMFAD RSSMVLFADZTX Retail Installment Agreement- Motor Vehicle - Texas 05/15/2012 TXRSMFDZ RSSMVLFDLZTX Retail Installment Agreement- Motor Vehicle - Texas 05/151/2012 VA6 VMP6VA Real Estate Deed of Trust - Virginia 05/01/ Wolters Kluwer Financial Services BC EFP-0110-NL 1/15/10

19 19 VA995W VMP995WVA Assignment of Deed of Trust - Virginia 05/01/2012 VAAGCORE AGCO-RESI-VA Agricultural Commercial Deed of Trust - Virginia 05/29/2012 VACNSNT1 CNSTNOTE1-VA Commercial Construction Note - Virginia 05/29/2012 VACNSNT2 CNSTNOTE2-VA Commercial Construction/Permanent Note - Virginia 05/29/2012 VACOMNOT COMM-NOTE-VA Commercial Promissory Note- Virginia 05/29/2012 VAFH3293 FHL3293LAZVA FHLMC Balloon Note- Virginia 05/29/2012 VAMMOD MMOD-VA Real Estate Modification- Virginia 05/29/2012 VAMMODOE MMOD-OE-VA Deed of Trust Modification - Virginia 05/29/2012 VAOCPRDS OCP-REDT-VA Home Equity Deed of Trust- Virginia 05/29/2012 VAOCPRDT OCP-REDT-VA Home Equity Deed of Trust - Virginia 05/29/2012 VAREDT RE-DT-VA Real Estate Deed of Trust- Virginia 05/29/2012 VAUN UN-VA Universal Note - Virginia 05/29/2012 VAUNSLZ UNS-LAZ-VA Universal Note and Security Agreement- Virginia 05/29/2012 WA132 VMP132WA Counter Offer- Washington 04/01/2012 WA30 VMP30WA Statement of Credit Denial - Washington 04/01/ Wolters Kluwer Financial Services BC EFP-0110-NL 1/15/10

20 20 WIMV1 MV-1-WI Motor Vehicle Title Application - Wisconsin 05/18/2012 X132 VMP132 Counter Offer - Multistate 04/01/2012 X138 VMP138 Risk Base Pricing Notice - Multistate 06/01/2012 X138C VMP138C Risk Base Pricing Notice- Multistate 06/01/2012 X30 VMP30 Statement of Credit Denial- Multistate 04/01/2012 X9045 VMP9045 Request for Copy of Tax Return- Multistate 04/01/2012 X964 VMP964 Addendum to Loan Application- Multistate 03/01/2012 XRISKREV RISK-REVIEW Risk Base Pricing Notice- Multistate 05/31/2012 XRISKREV RISK-REVIEW RISK-BASED PRICING NOTICE-ACCOUNT REVIEW- Multistate 05/31/ Wolters Kluwer Financial Services BC EFP-0110-NL 1/15/10