South Carolina Statutes

§ 34-29-170 — Confession of judgment or power of attorney to confess judgment shall be void.

South Carolina·Title 34 BANKING, FINANCIAL INSTITUTIONS AND MONEY·Ch. 29 CONSUMER FINANCE LAW
No licensee shall take any confession of judgment or permit any borrower to execute a power of attorney in favor of any licensee or in favor of any third person to confess judgment or to appear for the borrower in any judicial proceeding and any such confession of judgment or power of attorney to confess judgment shall be absolutely void.

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South Carolina § 34-29-170 (Confession of judgment or power of attorney to confess judgment shall be void.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1962 Code SECTION 8-800.13; 1956 (49) 2052, 2967; 1957 (50) 339; 1966 (54) 2391.

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