South Carolina Statutes
§ 37-3-407 — Authorization to confess judgment prohibited.
South Carolina § 37-3-407
This text of South Carolina § 37-3-407 (Authorization to confess judgment prohibited.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 37-3-407 (2026).
Text
A debtor may not authorize any person to confess judgment on a claim arising out of a consumer loan. An authorization in violation of this section is void.
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Legislative History
HISTORY: 1962 Code SECTION 8-800.277; 1974 (58) 2879.
Nearby Sections
15
§ 37-3-101
Short title.§ 37-3-102
Scope.§ 37-3-103
Index of definitions.§ 37-3-104
"Consumer loan" defined.§ 37-3-105
First mortgage real estate loans.§ 37-3-106
"Loan" defined.§ 37-3-108
"Revolving loan account" defined.§ 37-3-109
"Loan finance charge" defined.§ 37-3-200
Restricted loans and restricted lenders.§ 37-3-201
Loan finance charge for consumer loans.§ 37-3-202
Additional charges.§ 37-3-203
Delinquency charges.§ 37-3-204
Deferral charges.§ 37-3-205
Loan finance charge on refinancing.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 37-3-407, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/3/37-3-407.