Arkansas Statutes
§ 15-5-1907 — Students - Power to contract
Arkansas·Title 15
(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
§ 15-1-101
Economic Advisor§ 15-10-201
Title§ 15-10-202
Declaration of policy§ 15-10-203
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License or permit requirement§ 15-10-304
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