Tex. Finance Code § 342.504: CONFESSION OF JUDGMENT; POWER OF ATTORNEY.
Where this section sits in the code
- FINANCE CODE
- TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS
- SUBTITLE B. LOANS AND FINANCED TRANSACTIONS
- CHAPTER 342. CONSUMER LOANS
- SUBCHAPTER K. LIMITATIONS ON AUTHORIZED LENDER
A lender may not take a confession of judgment or a power of attorney authorizing the lender or a third person to confess judgment or to appear for a borrower in a judicial proceeding.
Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999.
Collected 2026-08-27T01:47:13Z. Source file · JSON