Sec. 1404.
(1) As used in this section:
(a) "Person" means an individual, corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity.
(b) "Educational institution" means a university, college, community college, junior college, high school or technical, vocational or professional school, wherever located, approved or accredited by the state department of education for the purposes of this section, or by the appropriate official, department or agency of the state in which the institution is located.
(c) "Educational loan" means a loan or other aid or assistance for the purpose of furthering the obligor's education at an educational institution.
(2) Any written obligation signed by a minor 18 or more years of age in consideration of an educational loan received by him from any person is enforceable as if he were an adult at the time of execution if prior to the making of the educational loan, an educational institution has certified in writing to the person making the educational loan that the minor is enrolled, or has been accepted for enrollment, in the educational institution.
History: Add. 1970, Act 107, Imd. Eff. July 23, 1970
Structure Michigan Compiled Laws
Chapter 600 - Revised Judicature Act of 1961
Act 236 of 1961 - Revised Judicature Act of 1961 (600.101 - 600.9948)
236-1961-14 - Chapter 14 General Provisions (600.1401...600.1494)
Section 600.1401 - Seal Unnecessary on Bonds, Deeds and Contracts.
Section 600.1403 - Nonage as Defense.
Section 600.1404 - Educational Loans; Definitions; Minors, Enforceability.
Section 600.1410 - Legal Impediment to Marriage as Bar to Action.
Section 600.1412 - Eastern Orthodox Faith; Recognition as Major Faith.
Section 600.1414 - Style of Process.
Section 600.1416 - Courts of Record; Seals.
Section 600.1417 - Repealed. 1996, Act 374, Eff. Oct. 1, 1996.
Section 600.1418 - Courts of Record; Discontinuance, Vacancy, New Commission.
Section 600.1420 - Courts; Sittings to Be Public, Exceptions.
Section 600.1422 - Judicial Officers; Fees.
Section 600.1425 - Sunday Court.
Section 600.1430 - Appearance in Court by Attorney or in Person; Exception.
Section 600.1434 - Opposition to Oath; Affirmation.
Section 600.1436 - Witness; Competency as Affected by Religion.
Section 600.1438 - Oath by Mental Incompetent.
Section 600.1442 - Oaths or Affidavits; Court Appointee; Stipulation.
Section 600.1450 - Judicial Meetings; Court Administration.
Section 600.1451 - Judicial Meetings; Presiding Officer, Secretary.
Section 600.1452 - Judicial Meetings; Expenses of Attendance, Payment.
Section 600.1455 - Courts of Record; Powers.
Section 600.1461 - Newspaper; Definition; Publication of Notices.
Section 600.1475 - Collection on Judgment; Restitution on Reversal; Interest.
Section 600.1482 - Medical Malpractice Claim; Applicable Provisions; Definitions.
Section 600.1485 - Indigent Civil Legal Assistance.
Section 600.1486 - Hiring Member of Immediate Family as Court Employee or Process Server.
Section 600.1487 - Contract for Good or Service.
Section 600.1487[1] - Repealed. 2006, Act 225, Imd. Eff. June 26, 2006.
Section 600.1492 - Court Reporter, Court Recorder, Stenomask Reporter; Duties.
Section 600.1493 - Enforcement of MCL 600.1490, 600.1491, and 600.1492; Violation.
Section 600.1494 - Applicability of MCL 600.1490 to 600.1493; Exception.