§ 37-49-1. Short title

This chapter may be cited as the “Uniform Minor Student Capacity to Borrow Law.”

§ 37-49-3. Definitions

As used in this chapter: “person” means any individual, corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity; “educational institution” means a university, college, community college, junior college, high school, technical, vocational or professional school, or similar institution, wherever located, approved or accredited by the […]

§ 37-49-5. Enforceability of written obligation of minor in consideration of educational loan

Any written obligation that is not usurious signed by a minor sixteen or more years of age in consideration of an educational loan received by him from any person is enforceable as if he were an adult at the time of execution, but only if prior to the making of the educational loan an educational […]