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O.C.G.A. § 13-3-23 — Minors - Contracts, promissory notes, written obligation, or other evidence, for loans from trust funds for educational purposes | Georgia Code

O.C.G.A. § 13-3-23 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 13 CONTRACTS

Section 3. Elements and Formation Generally, 13-3-1 through 13-3-47.

ARTICLE 2 CAPACITY OF PARTIES

13-3-23. Minors - Contracts, promissory notes, written obligation, or other evidence, for loans from trust funds for educational purposes.

Any contract, promissory note, written obligation, or other evidence of indebtedness made and executed by a minor for a loan from any trust fund for educational purposes to any educational institution shall be as valid and binding as if said minor were sui juris at the time of making such contract or other obligation and otherwise capacitated to contract.

(Ga. L. 1911, p. 163, § 1; Code 1933, § 20-205.)

JUDICIAL DECISIONS

No defense of minority in action to recover on teacher scholarship loan notes.

- In action to recover on teacher scholarship loan notes, executed by defendant recipient of loans as maker and by defendant's mother as comaker, defense of minority of maker at time of executing notes was not valid. Swindell v. Georgia State Dep't of Educ., 138 Ga. App. 57, 225 S.E.2d 503 (1976).

Cited in Hancock v. Lizella Fruit Farm, 184 Ga. 73, 190 S.E. 362 (1937); Weathers v. Owen, 78 Ga. App. 505, 51 S.E.2d 584 (1949).

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