South Dakota Codified Laws 13-56-4. Power of minor to contract for student loan
Current as of: 2023 | Check for updates
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Any person otherwise qualified for a loan under the provisions of this chapter, shall not be disqualified by reason of his being a minor but 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 to the planning for, receiving, and repaying such loan.
Terms Used In South Dakota Codified Laws 13-56-4
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
Source: SL 1966, ch 210, § 7; SL 1972, ch 154, § 4.