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INDIANA STATUTES AND CODES

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.

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