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Statutes > Michigan > Chapter-390 > Act-77-of-1960 > Section-390-958

MICHIGAN HIGHER EDUCATION ASSISTANCE AUTHORITY (EXCERPT)
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

State Codes and Statutes

Statutes > Michigan > Chapter-390 > Act-77-of-1960 > Section-390-958

MICHIGAN HIGHER EDUCATION ASSISTANCE AUTHORITY (EXCERPT)
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


State Codes and Statutes


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State Codes and Statutes

Statutes > Michigan > Chapter-390 > Act-77-of-1960 > Section-390-958

MICHIGAN HIGHER EDUCATION ASSISTANCE AUTHORITY (EXCERPT)
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


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