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).
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).