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Code · Arizona · Title 6 — Banks and Financial Institutions

6-985. Noncompliance not to affect validity of loan

78 words·~1 min read·/az/title-6/6-985

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A failure to comply with a provision of this article does not affect the validity or enforceability of any debt or any mortgage, deed of trust or lien interest on real estate. A person who acquires a commercial mortgage loan or an interest in a commercial mortgage loan as mortgagee or beneficiary, as an assignee, holder or transferee or as a pledgee or the holder of a security interest is not required to ascertain compliance with this article.
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