2019 Arizona Revised Statutes
Title 44 - Trade and Commerce
§ 44-143 Formal requirements for and limitations upon confession of judgment under power of attorney

Universal Citation: AZ Rev Stat § 44-143 (2019)

44-143. Formal requirements for and limitations upon confession of judgment under power of attorney

Judgment by confession shall not be entered upon a note, bond or other instrument in writing for the payment of money under the authority of a power of attorney to confess judgment thereon, unless such authority is executed and acknowledged on a day subsequent to the date on which the indebtedness to be confessed became due and payable.

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