{"data":{"id":"us-ar/ark.-code-ann.-15-5-1907","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 15-5-1907","heading":"Students - Power to contract","body":"(a) For the purpose of this subchapter, a student who is a qualified borrower is vested with full capacity to contract and is bound by any contract executed by him or her under this subchapter.\n\n(b) The fact that the student was a minor at the time he or she executed the note shall not be a defense in any action arising on the note.","path":["AR Code","Title 15","Chapter 5","Subchapter 19"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"37633a4aa5709e360f04cb44b9b1fb8c912b323ccc2281de98b9ad1ceb810145","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-15-5-1906","next":"us-ar/ark.-code-ann.-15-5-1908"},"notice":"GroundRules: Original legal text. Not legal advice."}