28-43-305 AUTHORIZATION TO CONFESS JUDGMENT PROHIBITED.
COMMERCIAL TRANSACTIONS
CHAPTER 43
REGULATION OF AGREEMENTS AND PRACTICES
PART 3.
LIMITATIONS ON AGREEMENTS AND PRACTICES IN REGULATED CONSUMER CREDIT TRANSACTIONS
28-43-305. Authorization to confess judgment prohibited. A debtor may not authorize any person to confess judgment on a claim arising out of a regulated consumer credit transaction. An authorization in violation of this section is void.