IC 21-16-3
    Chapter 3. Minors; Legal Capacity to Contract for GuaranteedStudent Loans

IC 21-16-3-1
Student legal capacity to contract
    Sec. 1. A student who enters into a contract for a loan to financea college education or who borrows money to defray the expense ofattending any postsecondary educational institution:
        (1) has full legal capacity to act in the student's own behalf inthis transaction; and
        (2) is subject to any obligation that arises from the contract.
As added by P.L.2-2007, SEC.257.