Chapter 815 - Business Transactions - Student Loans to Minors Act.

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CHAPTER 815 BUSINESS TRANSACTIONS
Student Loans to Minors Act.

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(815 ILCS 155/0.01) (from Ch.17, par. 6300)
Sec. 0.01. Short title. This Act may be cited as the Student Loans to Minors Act.
(Source: P.A. 86-1324.)

(815 ILCS 155/1) (from Ch.17, par. 6301)
Sec. 1. Any student who has been accepted for admission to an institution in the State of Illinois approved by the State Superintendent of Public Instruction as an institution of higher education on either the undergraduate or graduate level shall be permitted to execute a legally binding promissory note for a loan necessary to attend or to continue in attendance at an institution of higher education, subject to approval by the institution of higher education attended.
(Source: Laws 1959, p. 2056.)

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