## How do I choose a Loan Act?

1. Open the administration or lending function of ComplianceOne.

2. In administration, select Lending Reference Help from the Help menu. In lending, select Lending Reference Help from the Help menu on the Main Menu window.

3. Expand State Loan Acts and State Loan Act Topics in the left navigator.

4. Select your state, and information displays in the right panel. You may need to click an item in the outline to expand the information.

##### Notes

n Loan acts determine the language to print on the note, security instrument, and other documents. For example, the interest section on the note includes the statutory authority for the transaction according to the selected loan act (e.g., Ky. Rev. Stat. Ann. Ch. 290 for the Credit Union Act).

n Loan acts have different restrictions in certain situations. The option to choose a loan act allows the flexibility to determine the loan act restrictions you want for your transactions.

n To help you choose a loan act, ComplianceOne provides information about loan acts in the Help system. This information includes the loan acts for your state and information about each loan act.