CHAPTER 3. MINORS; LEGAL CAPACITY TO CONTRACT FOR GUARANTEED STUDENT LOANS

IC 21-16-3

    

Chapter 3. Minors; Legal Capacity to Contract for Guaranteed
Student Loans

IC 21-16-3-1

Student legal capacity to contract

    

Sec. 1. A student who enters into a contract for a loan to finance
a college education or who borrows money to defray the expense of
attending any postsecondary educational institution:

        (1) has full legal capacity to act in the student's own behalf in
this transaction; and

        (2) is subject to any obligation that arises from the contract.

As added by P.L.2-2007, SEC.257.