North Carolina Statutes
§ 25A-18 — Confession of judgment
North Carolina·Ch. 25A Retail Installment Sales Act
A buyer may not authorize any person to confess judgment on a claim arising out of a consumer credit sale. An authorization in violation of this section is void. (1971, c. 796, s. 1.)
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Nearby Sections
15
§ 25A-1
Scope of act§ 25A-10
"Official fees" defined§ 25A-16
Transfer of equity§ 25A-17
Additional charges for insurance§ 25A-18
Confession of judgment§ 25A-19
Acceleration§ 25A-20
Disclaimer of warranty§ 25A-21
Attorneys' fees