Sec. 10a-207. (Formerly Sec. 10-364). Disability of minority not to disqualify for loan.
Sec. 10a-207. (Formerly Sec. 10-364). Disability of minority not to disqualify
for loan. Any person otherwise qualifying for a loan made or guaranteed by the corporation shall not be disqualified by reason of his being under the age of eighteen years and
for the purpose of applying for, receiving and repaying such a loan any such 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.
(February, 1965, P.A. 491, S. 7; 1967, P.A. 3, S. 11; 1972, P.A. 127, S. 11.)
History: 1967 act simplified language for clarity; 1972 act changed age of majority from 21 to 18; Sec. 10-364 transferred
to Sec. 10a-207 in 1983 pursuant to reorganization of higher education system.