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. Added by Laws 1969, c. 352, § 3-407, eff. July 1, 1969.
Oklahoma Legal Code
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. Added by Laws 1969, c. 352, § 3-407, eff. July 1, 1969.