2006 New York Code - Loans And Extensions Of Credit To Infants.

 
    § 281. Loans and extensions of credit to infants. A contract hereafter
  made  by  an  infant  after  he has attained the age of sixteen years in
  relation to obtaining a loan or extension of credit from an  institution
  of  the  university  of  the  state  of New York in connection with such
  infant's attendance  upon  a  course  of  instruction  offered  by  such
  institution,  or  from  a  bank, trust company or national bank having a
  principal, branch or trust office in  this  state  for  the  purpose  of
  defraying  all  or a portion of the expenses of such infant's attendance
  upon a course of instruction in an institution of the university of  the
  state  of New York or any other institution for higher education without
  this state which is a member of or accredited by an  accrediting  agency
  recognized  by  the  department,  may  not  be disaffirmed by him on the
  ground of infancy.