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Electronic Code of Federal Regulations

e-CFR Data is current as of September 16, 2014

Title 38Chapter IPart 36Subpart B → §36.4331


Title 38: Pensions, Bonuses, and Veterans' Relief
PART 36—LOAN GUARANTY
Subpart B—Guaranty or Insurance of Loans to Veterans With Electronic Reporting


§36.4331   Capacity of parties to contract.

Nothing in §§36.4800 through 36.4880 shall be construed to relieve any lender of responsibility otherwise existing, for any loss caused by the lack of legal capacity of any person to contract, convey, or encumber, or caused by the existence of other legal disability or defects invalidating, or rendering unenforceable in whole or in part, either the loan obligation or the security therefor.

(Authority: 38 U.S.C. 3703(c)(1))



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