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15-5-1907. Students — Power to contract.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-5-1907. Students — Power to contract.
(a) For the purpose of this subchapter, a student who is a qualified borrower is vested with full capacity to contract and is bound by any contract executed by him or her under this subchapter.
(b) The fact that the student was a minor at the time he or she executed the note shall not be a defense in any action arising on the note.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-5-1907
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:15-5-1907
Source file: gov.ar.code.title.15.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 1af2508c6d2b692e9dac5bef9fc46938b1f1ecfdb3bf5be5f77cebcf7c28bcc9
Source location: content.xml paragraph 9934
Stored source content
15-5-1907. Students — Power to contract.
(a) For the purpose of this subchapter, a student who is a qualified borrower is vested with full capacity to contract and is bound by any contract executed by him or her under this subchapter.
(b) The fact that the student was a minor at the time he or she executed the note shall not be a defense in any action arising on the note.
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