Indiana Code 21-12-16-7.5. Capacity of students who are at least 17 years of age to enter contract
Current as of: 2023 | Check for updates
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Sec. 7.5. A student who:
(2) enters into a contract for a scholarship under this chapter to defray the expense of attending any postsecondary educational institution;
(1) is at least seventeen (17) years of age; and
Terms Used In Indiana Code 21-12-16-7.5
- Contract: A legal written agreement that becomes binding when signed.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
has full legal capacity to act in the student’s own behalf in this transaction and is subject to any obligation that arises from the contract.
As added by P.L.9-2021, SEC.5.