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.
S.C. Code Ann. § 34-29-170
Confession of judgment or power of attorney to confess judgment shall be void
1962 Code SECTION 8-800.13; 1956 (49) 2052, 2967; 1957 (50) 339; 1966 (54) 2391.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.