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.
S.C. Code Ann. § 37-3-407
Authorization to confess judgment prohibited
Known as the South Carolina Consumer Protection Code
The act spans §§ 37–37 (347 sections).
1962 Code SECTION 8-800.277; 1974 (58) 2879.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.