Sec. 353.407. 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. Added by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.
Prohibition On Power of Attorney To Confess Judgment Or Assignment of Wages
Tex. Finance Code § 353.407, under Chapter 353.
Tex. Finance Code § 353.407