New York § 681 Capacity of minors

New York Statutes

§ 681 — Capacity of minors

New York § 681

JurisdictionNew York

Law EDNEducation

Title 1General Provisions Article 1 Short Title and Definitions (§§

Part 3Student Loans

Art. 14New York State Higher Education Services Corporation

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Bluebook

N.Y. Education § 681 (2026).

Text

  § 681. Capacity of minors.  Any person otherwise qualifying for a loan\nfrom the corporation, or qualifying for a loan guaranteed by the\ncorporation, shall not be disqualified by reason of his being under the\nage of eighteen years and for the purposes of applying for, receiving\nand repaying such a loan any such person shall be deemed to have full\nlegal capacity to act; provided, however, that the signature of both\nparents of an applicant not meeting emancipated status requirements\nshall be required for the purposes of receiving such a loan unless the\npresident determines in accordance with rules and regulations to be\npromulgated by the board that unusual family circumstances preclude the\navailability of such signatures.\n

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§ 681. Capacity of minors. Any person otherwise qualifying for a loan\nfrom the corporation, or qualifying for a loan guaranteed by the\ncorporation, shall not be disqualified by reason of his being under the\nage of eighteen years and for the purposes of applying for, receiving\nand repaying such a loan any such person shall be deemed to have full\nlegal capacity to act; provided, however, that the signature of both\nparents of an applicant not meeting emancipated status requirements\nshall be required for the purposes of receiving such a loan unless the\npresident determines in accordance with rules and regulations to be\npromulgated by the board that unusual family circumstances preclude the\navailability of such signatures.\n