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.

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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