{"data":{"id":"us-ny/n.y.-education-law-681","jurisdiction":"us-ny","citation":"N.Y. Education Law § 681","heading":"Capacity of minors","body":"§ 681. Capacity of minors.  Any person otherwise qualifying for a loan\nfrom the corporation, or qualifying for a loan guaranteed by the\ncorporation, shall not be disqualified by reason of his being under the\nage of eighteen years and for the purposes of applying for, receiving\nand repaying such a loan any such person shall be deemed to have full\nlegal capacity to act; provided, however, that the signature of both\nparents of an applicant not meeting emancipated status requirements\nshall be required for the purposes of receiving such a loan unless the\npresident determines in accordance with rules and regulations to be\npromulgated by the board that unusual family circumstances preclude the\navailability of such signatures.","path":["Education Law","Title 1. General Provisions Article 1 Short Title and Definitions (§§","Article 14. New York State Higher Education Services Corporation","Part 3. Student Loans"],"source_url":"https://legislation.nysenate.gov/api/3/laws/EDN/681","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:44Z","sha256":"3dbbfccc616564ca25d8c1c92637ddba01573e6381098d3ef31d8f918052a813","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-education-law-680","next":"us-ny/n.y.-education-law-681-a"},"notice":"GroundRules: Original legal text. Not legal advice."}