Sec. 486. Statute of limitations
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Section 484A ( 20 U.S.C. 1088 ) is amended— in subsection (a)(2)(C)— by striking or section 463(a) and inserting , section 463(a) (as in effect on the day before the date of enactment of the ; and PROSPER Act and pursuant to section 461(a) of such Act), or section 463 (as in effect on or after the date of enactment of the PROSPER Act ) by striking or E and inserting , E (as in effect on the day before the date of enactment of the ; and PROSPER Act and pursuant to section 461(a) of such Act), or E (as in effect on or after the date of enactment of the PROSPER Act ) in subsection (b)— by striking and at the end of paragraph (2); in paragraph (3)— by inserting (as in effect on the day before the date of enactment of the after PROSPER Act and pursuant to section 461(a) of such Act) part E ; by inserting (as so in effect) after section 463(a) ; and by adding and at the end; and by adding at the end the following: in collecting any obligation arising from a loan made under part E (as in effect on or after the date of enactment of the PROSPER Act ), an institution of higher education that has an agreement with the Secretary pursuant to section 463(a) (as so in effect) shall not be subject to a defense raised by any borrower based on a claim of infancy. .
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Sec. 486
Statute of limitations
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