Section 5-3-207 - Authorization to confess judgment prohibited

A consumer may not authorize any person to confess judgment on a claim arising out of a consumer credit transaction. An authorization in violation of this section is void.L. 2000: Entire article R&RE, p. 1220, § 1, effective July 1.This section is similar to former §§ 5-2-415 and 5-3-407, as they existed prior to 2000.