Tex. Fin. Code § 348.410

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

Section 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.

Tex. Fin. Code § 348.410

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.