Posted on May 25, 2022
COMMONWEALTH Of MASSACHUSETTS
While, WESTLAKE Services, LLC d/b/a great WESTLAKE Financial Features, La, Ca (Westlake or even the Company), an authorized motor vehicle conversion process monetary institution below Massachusetts General Legislation section 255B, part dos and 209 CMR seq. and its particular completely had subsidiary, West Financing Included (WFI), possess joined on the a good STIPULATION And Agree to The fresh new ISSUANCE Out-of A consent Purchase (Consent Agreement) with representatives of your own Section out of Banks (Division) old , wherein, solely with regards to paying down this dilemma, and you may in the place of admitting one allegations otherwise effects of fact or perhaps the lives of any ticket out of county otherwise government legislation governing this new make and you can process away from a car or truck conversion money organization, Westlake and you will WFI agree to this new issuance regarding the Agree Acquisition (Order) of the Commissioner of Finance companies (Commissioner);
While, the brand new Office, through the Commissioner, keeps jurisdiction across the certification and you may regulation away from people and you will agencies engaged in the business from a car or truck transformation monetary institution inside the Massachusetts pursuant in order to Massachusetts General Legislation chapter 255B, section dos;