Indiana Code § 21-16-3-1

Student legal capacity to contract
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Sec. 1. A student who enters into a contract for a loan to finance a college education or who borrows money to defray the expense of attending any postsecondary educational institution: (1) has full legal capacity to act in the student's own behalf in this transaction; and (2) is subject to any obligation that arises from the contract. [Pre-2007 Higher Education Recodification Citation: 20-12-21.3-1.]   IC 21-16-4 Chapter 4. Guaranteed Student Loan Program               21-16-4-1 Eligible institutions; approval by the commission             21-16-4-2 Criteria for approved lenders             21-16-4-3 Lender conditions; guarantee percentage; interest rate             21-16-4-4 Loan applicability             21-16-4-5 Contracts and guaranty agreements             21-16-4-6 Loan requirements             21-16-4-7 Eligible institution's qualified status; removal; review             21-16-4-8 Collection of insurance premium             21-16-4-9 Administration of loan program             21-16-4-10 Eligibility criteria violation procedures             21-16-4-11 Student loan program fund; administration             21-16-4-12 Tax exemption             21-16-4-13 Forbearance             21-16-4-14 Default; procedures             21-16-4-15 Payment on loss; subrogation rights             21-16-4-16 Holder of guarantee loans; duties             21-16-4-17 Dissolution of loan program             21-16-4-18 Legal representation; attorney general; private attorney

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