L. Maxwell Taylor
L. Maxwell Taylor, Litigation Lawyer - Middlebury, VT
Posted over 1 year ago.

The following annotation of case law appears below the text of the statute: Contract entered into by minor is not void but only voidable by the minor, and on reaching the age of 18 one is required either to disaffirm a contract made during minority within a reasonable time, or be bound thereby. Jones v. Dressel, 40 Colo. App. 459, 582 P.2d 1057 (1978), aff'd, 623 P.2d 370 (Colo. 1981).

L. Maxwell Taylor
L. Maxwell Taylor, Litigation Lawyer - Middlebury, VT
Posted over 1 year ago.

Another annotation: As matter of public policy, courts have protected minors from improvident and imprudent contractual commitments by declaring that the contract of a minor is voidable at the election of the minor after he attains his majority. Jones v. Dressel, 623 P.2d 370 (Colo. 1981).