Ind. Code § 34-22-1-7

Current through P.L. 171-2024

Section 34-22-1-7 - When confessed judgment or default judgment by surety not permitted

No surety or representative of a surety shall confess judgment or suffer judgment, by default, in any case, when the surety or representative is notified that there is a valid defense, if the principal will:

(1) enter as a defendant to the action; and

(2) tender to the surety or the representative good security to indemnify him, to be approved by the court.

IC 34-22-1-7

Pre-1998 Recodification Citation: 34-1-55-7.

As added by P.L. 1-1998, SEC.17.