South Carolina Statutes
§ 37-2-415 — 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.
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South Carolina § 37-2-415 (Authorization to confess judgment prohibited.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 8-800.205; 1974 (58) 2879.
Nearby Sections
15
§ 37-2-101
Short title.§ 37-2-102
Scope.§ 37-2-103
Index of definitions in chapter.§ 37-2-104
"Consumer credit sale" defined.§ 37-2-106
"Consumer lease" defined.§ 37-2-107
"Seller" defined.§ 37-2-108
"Revolving charge account" defined.§ 37-2-109
"Credit service charge" defined.§ 37-2-110
"Cash price" defined.§ 37-2-111
"Amount financed" defined.§ 37-2-202
Additional charges.§ 37-2-203
Delinquency charges.§ 37-2-204
Deferral charges.