A person who knowingly:(1) procures another to:(A) execute as maker; or(B) endorse or assign;a cognovit note;(2) being the payee, endorsee, or assignee of the cognovit note, retains possession of the cognovit note; or(3) attempts to recover upon or enforce within Indiana a judgment obtained in any other jurisdiction based upon a cognovit note;commits a Class B misdemeanor.[Pre-1998 Recodification Citation: 34-2-26-1(b).]As added by P.L.1-1998, SEC.50.
Indiana Legal Code