Authorization to confess judgment prohibited

Ind. Code § 37-2-3-26, under Credit Sales.

Ind. Code § 37-2-3-26

Sec. 26. A buyer or lessee may not authorize any person to confess judgment on a claim arising out of a consumer credit sale or consumer lease. An authorization in violation of this section is void.

[Pre-2026 Revision Citation: 24-4.5-2-415.] As added by P.L.115-2026, SEC.97.