Me. Stat. tit. 20-A § 11462

Current through 131st (2023-2024) Legislature Chapter 684
Section 11462 - Loans to minors

Notwithstanding any other law, if the borrower on a loan made or 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. [1991, c. 824, Pt. A, §35(NEW).]

20-A M.R.S. § 11462

1991, c. 824, §A35 (NEW) .