No agreement for a consumer credit transaction may contain an authorization for any person to confess judgment on any claim. No seller or lessor may take such an authorization. Any such authorization is void.
9-A M.R.S. § 3-306, under Article 3: REGULATION OF AGREEMENTS AND PRACTICES.
9-A M.R.S. § 3-306
No agreement for a consumer credit transaction may contain an authorization for any person to confess judgment on any claim. No seller or lessor may take such an authorization. Any such authorization is void.