Section 390.958 - Loans to minors.
MICHIGAN HIGHER EDUCATION ASSISTANCE AUTHORITY (EXCERPT)
Act 77 of 1960
390.958 Loans to minors.
Act 77 of 1960
390.958 Loans to minors.
Sec. 8.
Any person otherwise qualifying for a loan shall not be disqualified to receive a loan guaranteed by the authority by reason of his being a minor. For the purpose of applying for, receiving and repaying a loan, any person shall be deemed to have full legal capacity to act and shall have all the rights, powers, privileges and obligations of a person of full age with respect thereto.
History: 1960, Act 77, Imd. Eff. Apr. 25, 1960 ;-- Am. 1972, Act 26, Imd. Eff. Feb. 19, 1972