Prohibition On Power of Attorney To Confess Judgment Or Assignment of Wages

Tex. Finance Code § 348.410, under Chapter 348.

Tex. Finance Code § 348.410

Sec. 348.410. PROHIBITION ON POWER OF ATTORNEY TO CONFESS JUDGMENT OR ASSIGNMENT OF WAGES. A retail installment contract may not contain: (1) a power of attorney to confess judgment in this state; or (2) an assignment of wages. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.