§11463. Insure student loan payments
The authority may make commitments and agreements to insure student loan payments. [PL 2013, c. 34, §7 (NEW).]
1. Loan serviced. A loan insured by the authority must be serviced as required by the authority.
[PL 2013, c. 34, §7 (NEW).]
2. Compliance. A loan insured by the authority must be in compliance with the student loan insurance credit policy of the authority.
[PL 2013, c. 34, §7 (NEW).]
3. Other terms. A loan insured by the authority may be subject to terms other than those specified in subsections 1 and 2 as may be required by law or by rule of the authority.
[PL 2013, c. 34, §7 (NEW).]
4. Financial education. Prior to obtaining a loan insured by the authority, an applicant must satisfy financial education requirements established or approved by the authority.
[PL 2013, c. 34, §7 (NEW).]
SECTION HISTORY
PL 2013, c. 34, §7 (NEW).
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.