{"data":{"id":"us-tx/tex.-finance-code-345.354","jurisdiction":"us-tx","citation":"Tex. Finance Code § 345.354","heading":"PROHIBITION ON POWER OF ATTORNEY TO CONFESS JUDGMENT AND ASSIGNMENT OF WAGES.","body":"A retail installment contract or retail charge agreement may not contain:\n(1) a power of attorney to confess judgment; or\n(2) an assignment of wages.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["FINANCE CODE","TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS","SUBTITLE B. LOANS AND FINANCED TRANSACTIONS","CHAPTER 345. RETAIL INSTALLMENT SALES","SUBCHAPTER H. OTHER PROVISIONS APPLICABLE TO CONTRACTS AND AGREEMENTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.345.htm#345.354","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"3eac27abeabe2f6824981dc480b6047806fb08364284e8da1d92a47887f6172c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-345.353","next":"us-tx/tex.-finance-code-345.355"},"notice":"GroundRules: Original legal text. Not legal advice."}