§11406. Loans to minors
Notwithstanding any other law, if the borrower on a loan insured under this program is a minor, an otherwise valid note or other written agreement executed by the borrower for the purpose of the loan creates a binding obligation.
[PL 1989, c. 698, §13 (RPR); PL 1989, c. 698, §76 (AFF).]
SECTION HISTORY
PL 1981, c. 693, §§5,8 (NEW). PL 1983, c. 806, §83 (AMD). PL 1989, c. 698, §13 (RPR).