Indiana Statutes

§ 24-4.5-2-415 — Authorization to confess judgment prohibited

Indiana·Art. 4.5 UNIFORM CONSUMER CREDIT CODE·Ch. 2 Credit Sales
Authorization to Confess Judgment Prohibited - A buyer or lessee may not authorize any person to confess judgment on a claim arising out of a consumer credit sale or consumer lease. An authorization in violation of this section is void. Formerly: Acts 1971, P.L.366, SEC.3.

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