2017 Indiana Code
TITLE 34. Civil Law and Procedure
ARTICLE 54. JUDGMENTS
CHAPTER 3. Limitations on Confession of Judgment Under Power of Attorney
34-54-3-1. Applicability of chapter

Universal Citation: IN Code § 34-54-3-1 (2017)
IC 34-54-3-1 Applicability of chapter

     Sec. 1. This chapter applies to a contract, agreement, provision, or stipulation that:

(1) gives a person a power of attorney or authority as attorney for the maker or endorser of the instrument in the name of the debtor to:

(A) appear in any court of record; and

(B) waive the service of process in an action to enforce payment of money claimed to be due on the instrument;

(2) authorizes or purports to authorize an attorney or agent, however designated, to confess judgment on the instrument for a sum of money to be ascertained in a manner other than by action of the court upon a hearing after notice to the debtor, whether with or without an attorney fee; or

(3) authorizes or purports to authorize an attorney described in subdivision (1) or (2) to:

(A) release errors and the right of appealing from a judgment described in subdivision (1) or (2); or

(B) consent to the issue of execution on the judgment.

[Pre-1998 Recodification Citation: 34-2-25-1 part.]

As added by P.L.1-1998, SEC.50.

 

Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.