Arizona Arizona Revised Statutes
§ 6-450 — Modification agreements
ARS § 6-450Title 6. Banks and Financial Institutions · Ch. 3. SAVINGS AND LOAN ASSOCIATIONS · Art. 5. Investments and Powers
Statute text
View on source6-450. 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.