Michigan § 390.958 Loans to minors.

Michigan Statutes

§ 390.958 — Loans to minors.

Michigan § 390.958

Ch. 390UNIVERSITIES AND COLLEGES

Act 77 of 1960MICHIGAN HIGHER EDUCATION ASSISTANCE AUTHORITY (390.951-390.961)

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Bluebook

Mich. Comp. Laws § 390.958 (2026).

Text

MICHIGAN HIGHER EDUCATION ASSISTANCE AUTHORITY (EXCERPT) Act 77 of 1960 390.958 Loans to minors. Sec.

8.Any person otherwise qualifying for a loan shall not be disqualified to receive a loan guaranteed by the authority by reason of his being a minor. For the purpose of applying for, receiving and repaying a loan, any 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.

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MICHIGAN HIGHER EDUCATION ASSISTANCE AUTHORITY (EXCERPT) Act 77 of 1960 390.958 Loans to minors. Sec. 8. Any person otherwise qualifying for a loan shall not be disqualified to receive a loan guaranteed by the authority by reason of his being a minor. For the purpose of applying for, receiving and repaying a loan, any 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.