A buyer may not authorize any person to confess judgment on a claim arising out of a consumer credit sale. An authorization in violation of this section is void.
N.C. Gen. Stat. § 25A-18
Confession of judgment
Applied in 1 court decision — leading case 107 N.C. App. 615 - Ottway Burton, PA v. Blanton (1992)
Most recently applied in 107 N.C. App. 615 - Ottway Burton, PA v. Blanton (October 1992)
1971, c. 796, s. 1.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.