TITLE 41. MINORS

CHAPTER 1. RIGHTS AND OBLIGATIONS OF MINORS

Part 3. Power to Contract

Capacity Of Minors To Borrow Money For Education

41-1-303. Capacity of minors to borrow money for education. A minor who contracts to borrow money to defray the expenses of attending any college or university or other institution of higher education beyond high school has full legal capacity to act on the minor's own behalf and has all the rights, powers, and privileges and is subject to the obligations of persons of full age with respect to those contracts.

History: En. Sec. 1, Ch. 34, L. 1963; R.C.M. 1947, 64-106.1; amd. Sec. 1591, Ch. 56, L. 2009.