What is Material Change? A Comprehensive Legal Overview

Definition & Meaning

A material change refers to any alteration in a person's identifiable information that is significant enough to require attention. According to 6 CFR 37.3, this includes changes like a person's name or date of birth. However, it is important to note that a change of address does not qualify as a material change under this regulation.

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Real-world examples

Here are a couple of examples of abatement:

For instance, if a person legally changes their name after marriage, this would be considered a material change. They would need to update their identification documents accordingly. (hypothetical example)

State-by-state differences

State Material Change Definition
California Similar to federal definition, includes name and date of birth changes.
Texas Includes changes in residency status as a material change.
New York Follows federal guidelines but has additional state-specific requirements.

This is not a complete list. State laws vary, and users should consult local rules for specific guidance.

Comparison with related terms

Term Definition Difference
Change of Address Moving from one residence to another. Not considered a material change.
Personal Information Update General updates to any personal data. May include material changes but is broader.

What to do if this term applies to you

If you have experienced a material change, it is important to update your identification documents promptly. You can explore US Legal Forms for templates that can assist you in managing these updates efficiently. If your situation is complex, consider seeking professional legal assistance.

Quick facts

  • Material changes involve significant updates to personal information.
  • Common examples include name changes and date of birth corrections.
  • Change of address does not qualify as a material change.

Key takeaways

Frequently asked questions

A material change is a significant update to personally identifiable information, such as a name or date of birth change.