N.C. Gen. Stat. § 25A-18
Confession of judgment
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
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.
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.
History
(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.