Sec. 10a-207. (Formerly Sec. 10-364). Disability of minority not to disqualify for loan.

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      Sec. 10a-207. (Formerly Sec. 10-364). Disability of minority not to disqualify for loan. Any person otherwise qualifying for a loan made or guaranteed by the corporation shall not be disqualified by reason of his being under the age of eighteen years and for the purpose of applying for, receiving and repaying such a loan any such 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.

      (February, 1965, P.A. 491, S. 7; 1967, P.A. 3, S. 11; 1972, P.A. 127, S. 11.)

      History: 1967 act simplified language for clarity; 1972 act changed age of majority from twenty-one to eighteen; Sec. 10-364 transferred to Sec. 10a-207 in 1983 pursuant to reorganization of higher education system.