§14A-3-407. Authorization to confess judgment prohibited.
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/ok/title-14a-consumer-credit-code/14a-3-407·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.