Oklahoma Statutes (Last Updated: September 18, 2014)

§ 14A-3-407. Authorization to confess judgment prohibited.

Latest version.

A debtor may not authorize any person to confess judgment on a claim arising out of a consumer loan. An authorization in violation of this section is void.

Added by Laws 1969, c. 352, § 3-407, eff. July 1, 1969.

                    
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