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2022 Arizona Revised Statutes
Title 6 - Banks and Financial Institutions
§ 6-985 - Noncompliance not to affect validity of loan
Universal Citation:
AZ Rev Stat § 6-985 (2022)
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6-985. Noncompliance not to affect validity of loan
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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