N.Y. Education Law § 281: 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.