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Florida Statute 743.05 - Full Text and Legal Analysis Florida Statute 743.05 | Lawyer Caselaw & Research
Fla. Stat. § 743.05 (2026) Copy Cite Official Site Syfertize CourtListener Amendments
743.05 Removal of disabilities of minors; borrowing money for educational purposes.—For the purpose of borrowing money for their own higher educational expenses, the disability of nonage of minors is removed for all persons who have reached 16 years of age. Such minors are authorized to make and execute promissory notes, contracts, or other instruments necessary for the borrowing of money for this purpose. The promissory notes, contracts, or other instruments so made shall have the same effect as though they were the obligations of persons who were not minors. No such obligation shall be valid if the interest rate on it exceeds the prevailing interest rate for the federal Guaranteed Student Loan Program.
History.—s. 1, ch. 59-268; s. 1, ch. 69-105; s. 2, ch. 71-147; s. 28, ch. 83-291.

Cases Citing F.S. 743.05

Fla. Stat. § 743.05 (2026) Copy Cite Official Site Syfertize CourtListener Amendments
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·Lane v. Mra Holdings, LLC, 242 F. Supp. 2d 1205 (M.D. Fla. 2002).

Cited 15 times | Published | District Court, M.D. Florida | 2002 U.S. Dist. LEXIS 24111, 2002 WL 31940726

...An order removing the disabilities of nonage shall have the effect of giving the minor the status of an adult for purposes of all criminal and civil laws of the state, and shall authorize the minor thereafter to exercise all of the rights and responsibilities of persons who are 18 years of age or older." [39] See Fla. Stat. § 743.05....
0 red0 yellow8 green0 procedural
Cited as authority(citing case) (2024)
phrase: "rule_authority"
Cited as authorityFuccillo (2020)
phrase: "rule_authority"
Cited as authorityBullard (2012)
phrase: "rule_authority"
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·Campbell v. State, 771 So. 2d 1205 (Fla. 2d DCA 2000).

Published | Florida 2nd District Court of Appeal | 2000 Fla. App. LEXIS 13510, 2000 WL 1532910

...(1997) (allowing for emancipation by court order). Neither of these provisions applies in this case. The remaining sections of chapter 743 permit the removal of one or a limited number of disabilities of nonage to accomplish a particular purpose. See, e.g., § 743.05, Fla....
0 red0 yellow1 green1 procedural
Cited as authorityHodge (2004)
phrase: "rule_authority"
Review deniedHodge (2004)
phrase: "review denied"
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Ago (Fla. Att'y Gen. 2005).

Published | Florida Attorney General Reports

...egal disabilities[.]" 4 See Hanley v. Liberty Mutual Insurance Company, 323 So. 2d 301 (1975), aff'd 334 So. 2d 11 (1976) (for all legal purposes, a minor includes any person who has not attained the age of 18 years). 5 Section 743.04 , Fla. Stat. 6 Section 743.05 , Fla....

This Florida statute resource is curated by an Orange Park personal injury and workers' comp lawyer, a Jacksonville, Florida personal injury and workers' compensation attorney (Florida Bar No. 39104). For legal consultation, call 904-383-7448.