Tex. Fin. Code § 342.504

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 342.504 - Confession of Judgment; Power of Attorney

A lender may not take a confession of judgment or a power of attorney authorizing the lender or a third person to confess judgment or to appear for a borrower in a judicial proceeding.

Tex. Fin. Code § 342.504

Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. 9/1/1999.