Authorization to confess judgment prohibited

Ind. Code § 37-2-4-20
in effect
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Sec. 20. 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. [Pre-2026 Revision Citation: 24-4.5-3-407.] As added by P.L.115-2026, SEC.97.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/37Fetched: 10/17/2026

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