State Codes and Statutes
Statutes > Indiana > Title21 > Ar16 > Ch3IC 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.
