There is a newer version of the South Carolina Code of Laws
2023
2022
2021
2020
2019
Other previous versions
View our newest version here

2013 South Carolina Code of Laws
Title 34 - Banking, Financial Institutions and Money
CHAPTER 29 - CONSUMER FINANCE LAW
SECTION 34-29-170. Confession of judgment or power of attorney to confess judgment shall be void.


SC Code § 34-29-170 (2013) What's This?

No licensee shall take any confession of judgment or permit any borrower to execute a power of attorney in favor of any licensee or in favor of any third person to confess judgment or to appear for the borrower in any judicial proceeding and any such confession of judgment or power of attorney to confess judgment shall be absolutely void.

HISTORY: 1962 Code Section 8-800.13; 1956 (49) 2052, 2967; 1957 (50) 339; 1966 (54) 2391.

Disclaimer: These codes may not be the most recent version. South Carolina 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.