§ 36.4331. Capacity of parties to contract.
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/us/cfr/t38/s§ 36.4331·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Nothing in §§ 36.4300 through 36.4380 shall be construed to relieve any lender of responsibility otherwise existing, for any loss caused by the lack of legal capacity of any person to contract, convey, or encumber, or caused by the existence of other legal disability or defects invalidating, or rendering unenforceable in whole or in part, either the loan obligation or the security therefor. (Authority: 38 U.S.C. 3703(c)(1)) \[73 FR 6310, Feb. 1, 2008. Redesignated at 75 FR 33705, June 15, 2010, as amended at 80 FR 34319, June 16, 2015\]
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§ 36.4331
Capacity of parties to contract.
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