Sec. 20. 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. [Pre-2026 Revision Citation: 24-4.5-3-407.] As added by P.L.115-2026, SEC.97.
Authorization to confess judgment prohibited
Ind. Code § 37-2-4-20, under Loans.
Ind. Code § 37-2-4-20