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us/statute/7/1928/b — Contestability · Axiom

Contestability

1 rule0 of 2 subsections

A contract of insurance or guarantee executed by the Secretary under this chapter shall be incontestable except for fraud or misrepresentation that the lender or any holder—

(1)

(1)#

has actual knowledge of at the time the contract or guarantee is executed; or

(2)#

participates in or condones.

in view

Whole section

Encodings · 1

contract_incontestable7 USC § 1928 (b) · derived

7 USC 1928(b)

name: contract_incontestable
kind: derived
entity: SecretaryInsuranceOrGuaranteeContract
dtype: Judgment
period: Year
source: 7 USC 1928(b)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: exception
        source:
          corpus_citation_path: us/statute/7/1928
versions:
  - effective_from: '2008-10-01'
    formula: |-
      not (
        contract_involves_fraud_or_misrepresentation
        and (
          lender_or_holder_had_actual_knowledge_of_fraud_or_misrepresentation_at_execution
          or lender_or_holder_participated_in_or_condoned_fraud_or_misrepresentation
        )
      )

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▸rulespec code

Shown source

statutes/7/1928.yaml

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This encoding covers the parent provision us/statute/7/1928; no dedicated encoding exists for this exact provision yet.

View on GitHub

Rules

contract_obligation_supported_by_full_faith_and_credit

Derived

source: 7 USC 1928(a)

- name: contract_obligation_supported_by_full_faith_and_credit
  kind: derived
  entity: SecretaryInsuranceOrGuaranteeContract
  dtype: Judgment
  period: Year
  source: 7 USC 1928(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: predicate
          source:
            corpus_citation_path: us/statute/7/1928
  versions:
    - effective_from: '2008-10-01'
      formula: 'true'

contract_incontestable

Derived

source: 7 USC 1928(b)

- name: contract_incontestable
  kind: derived
  entity: SecretaryInsuranceOrGuaranteeContract
  dtype: Judgment
  period: Year
  source: 7 USC 1928(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us/statute/7/1928
  versions:
    - effective_from: '2008-10-01'
      formula: |-
        not (
          contract_involves_fraud_or_misrepresentation
          and (
            lender_or_holder_had_actual_knowledge_of_fraud_or_misrepresentation_at_execution
            or lender_or_holder_participated_in_or_condoned_fraud_or_misrepresentation
          )
        )

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Contestability

1 rule0 of 2 subsections

Official source

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A contract of insurance or guarantee executed by the Secretary under this chapter shall be incontestable except for fraud or misrepresentation that the lender or any holder—

(1)

(1)#

has actual knowledge of at the time the contract or guarantee is executed; or

(2)#

participates in or condones.

in view

Whole section

Encodings · 1

contract_incontestable7 USC § 1928 (b) · derived

7 USC 1928(b)

name: contract_incontestable
kind: derived
entity: SecretaryInsuranceOrGuaranteeContract
dtype: Judgment
period: Year
source: 7 USC 1928(b)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: exception
        source:
          corpus_citation_path: us/statute/7/1928
versions:
  - effective_from: '2008-10-01'
    formula: |-
      not (
        contract_involves_fraud_or_misrepresentation
        and (
          lender_or_holder_had_actual_knowledge_of_fraud_or_misrepresentation_at_execution
          or lender_or_holder_participated_in_or_condoned_fraud_or_misrepresentation
        )
      )

open in graph ↗

▸rulespec code

Shown source

statutes/7/1928.yaml

Displaying the canonical repository encoding.

This encoding covers the parent provision us/statute/7/1928; no dedicated encoding exists for this exact provision yet.

View on GitHub

Rules

contract_obligation_supported_by_full_faith_and_credit

Derived

source: 7 USC 1928(a)

- name: contract_obligation_supported_by_full_faith_and_credit
  kind: derived
  entity: SecretaryInsuranceOrGuaranteeContract
  dtype: Judgment
  period: Year
  source: 7 USC 1928(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: predicate
          source:
            corpus_citation_path: us/statute/7/1928
  versions:
    - effective_from: '2008-10-01'
      formula: 'true'

contract_incontestable

Derived

source: 7 USC 1928(b)

- name: contract_incontestable
  kind: derived
  entity: SecretaryInsuranceOrGuaranteeContract
  dtype: Judgment
  period: Year
  source: 7 USC 1928(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us/statute/7/1928
  versions:
    - effective_from: '2008-10-01'
      formula: |-
        not (
          contract_involves_fraud_or_misrepresentation
          and (
            lender_or_holder_had_actual_knowledge_of_fraud_or_misrepresentation_at_execution
            or lender_or_holder_participated_in_or_condoned_fraud_or_misrepresentation
          )
        )