Authorization to confess judgment prohibited.

  1. Law
  2. South Carolina Code of Laws
  3. Consumer Protection Code
  4. Loans
  5. Authorization to confess judgment prohibited.

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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.

HISTORY: 1962 Code Section 8-800.277; 1974 (58) 2879.


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