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Maine · Through October 1, 2025

20-A M.R.S. §11406: Loans to minors

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Where this section sits in the code
  1. TITLE 20-A: EDUCATION
  2. PART 5: POST-SECONDARY EDUCATION
  3. CHAPTER 417: FEDERAL FINANCIAL ASSISTANCE PROGRAMS
  4. SUBCHAPTER 1: LOAN INSURANCE PROGRAMS

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.

Collected 2026-09-04T15:12:30Z. Source file · JSON

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