Authorization to Confess Judgment Prohibited

  1. Law
  2. Indiana Code
  3. Trade Regulation
  4. Uniform Consumer Credit Code
  5. Credit Sales
  6. Authorization to Confess Judgment Prohibited

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Sec. 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.

Formerly: Acts 1971, P.L.366, SEC.3.


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