Michigan § 390.958 - Loans to minors.
Full text of Michigan Michigan Compiled Laws § 390.958 — Loans to minors., with citation guidance and answers to common questions.
§ 390.958. Loans to minors.
Any person otherwise qualifying for a loan shall not be disqualified to receive a loan guaranteed by the authority by reason of his being a minor. For the purpose of applying for, receiving and repaying a loan, any person shall be deemed to have full legal capacity to act and shall have all the rights, powers, privileges and obligations of a person of full age with respect thereto.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 390.958
What does Michigan Compiled Laws § 390.958 cover?
Section 390.958 ("Loans to minors.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 390.958?
A common citation format is "Michigan Compiled Laws § 390.958" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 390.958 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.