A written obligation entered into by a minor at least 16 years of age, evidencing a loan or other assistance received by the minor from any person for the purpose of furthering the minor's education in a career education program or an institution of higher learning, is enforceable against the minor with the same effect as if the minor were, at the time of its execution, 18 years of age, if the person making the loan has before making the loan a certification from the institution that the minor is enrolled in the institution or has been accepted for enrollment.
Structure Alaska Statutes
Title 14. Education, Libraries, and Museums
Chapter 43. Financial Aid Programs for Postsecondary Students
Article 4. Education Loan Program.
Sec. 14.43.091. Education loan program.
Sec. 14.43.105. Administration of program.
Sec. 14.43.110. Education loans.
Sec. 14.43.120. Conditions of loans.
Sec. 14.43.122. Consolidation of loans.
Sec. 14.43.125. Eligibility of students.
Sec. 14.43.135. Discrimination prohibited.
Sec. 14.43.140. Enforceability of certain contracts with minors.
Sec. 14.43.147. Order to withhold and deliver.
Sec. 14.43.150. Order to assign wages for defaulted loan.
Sec. 14.43.153. Hearings in administrative action to establish a collection order; burden of proof.
Sec. 14.43.154. Collection orders as judgments.