38 USC 3721 - Incontestability
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US Code > Veterans' Benefits > 38 USC 3721 - Incontestability
Sec. 3721. Incontestability
Any evidence of guaranty or insurance issued by the Secretary shall be conclusive evidence of the eligibility of the loan for guaranty or insurance under the provisions of this chapter and of the amount of such guaranty or insurance. Nothing in this section shall preclude the Secretary from establishing, as against the original lender, defenses based on fraud or material misrepresentation. The Secretary shall not, by reason of anything contained in this section, be barred from establishing, by regulations in force at the date of such issuance or disbursement, whichever is the earlier, partial defenses to the amount payable on the guaranty or insurance.
Sections: 3708 3710 3711 3712 3713 3714 3720 3721 3722 3726 3727 3728 3729 3730 3731
Last modified: July 21, 2011