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2021 Arizona Revised Statutes
Title 6 - Banks and Financial Institutions
§ 6-450 - Modification agreements

Universal Citation:
AZ Rev Stat § 6-450 (2021)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

6-450. Modification agreements

The association at any time may enter into a written agreement with the borrower to modify, in any manner not inconsistent with the provisions of this chapter, the terms of a loan as to the amount, time, or method of the payments to be made, the interest rate, and any other provisions of the loan contract, and the loan contract and the security instrument shall not be prejudiced by the making of any such modification, even if such a modification was not provided for in the loan contract.

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