§ 743.05, Fla. Stat. · Chapter 743. DISABILITY OF NONAGE OF MINORS REMOVED
Removal of disabilities of minors; borrowing money for educational purposes.
Text — 2026 Florida Statutes
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.
Notes and commentary — not statutory text
History
s. 1, ch. 59-268; s. 1, ch. 69-105; s. 2, ch. 71-147; s. 28, ch. 83-291.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0700-0799/0743/0743.html
- Text hash
- sha256 70bb4da2854c0983c2dc3ec636631672123aa7b3b40aaf1822ed428fe3c3bf53
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
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