An association may contract to service a loan in any manner unless restricted by regulations prescribed by the deputy director and shall require sufficient compensation to reimburse the association for all expenses incurred under such contract.

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Terms Used In Arizona Laws 6-451

  • Association: means every association to which this chapter applies as defined in the section concerning scope of chapter. See Arizona Laws 6-401
  • Contract: A legal written agreement that becomes binding when signed.
  • Deputy director: means the deputy director of the financial institutions division of the department. See Arizona Laws 6-101
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