Section 94917 Of Article 12. Consumer Loans To Students From California Education Code >> Division 10. >> Title 3. >> Part 59. >> Chapter 8. >> Article 12.

. A note, instrument, or other evidence of indebtedness relating to payment for an educational program is not enforceable by an institution unless, at the time of execution of the note, instrument, or other evidence of indebtedness, the institution held an approval to operate.