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LOCAL INMATE DATA SYSTEM (LIDS)NewsletterAPRIL 2002Compensation Boards Phone Number: (804) 7860786 Compensation Boards Fax number:DATES TO REMEMBER 5/14/02 LIDS SUBMISSION DUE(804) 3710235 Compensation
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51402 - LIDS (Lender Insurance Data Submission) is a form used by lenders to report insurance-related data to regulatory authorities.
Lenders who participate in programs requiring insurance data reporting are required to file the 51402 - LIDS submission.
To fill out the 51402 - LIDS submission, lenders must gather the relevant insurance data, complete the required fields on the form, and submit it through the designated reporting platform.
The purpose of the 51402 - LIDS submission is to ensure compliance with regulatory requirements and to provide accurate insurance data for oversight and analysis.
The information that must be reported includes lender details, insurance policy details, insured amounts, and any other relevant data as specified by the regulatory authority.
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