Arkansas Statutes

§ 15-5-1907 — Students - Power to contract

Arkansas § 15-5-1907

This text of Arkansas § 15-5-1907 (Students - Power to contract) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ark. Code Ann. § 15-5-1907 (2026).

Text

(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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Legislative History

Added by Act 2017, No. 824,§ 15, eff. 7/1/2017.

Nearby Sections

15
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Bluebook (online)
Arkansas § 15-5-1907, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/15-5-1907.