A lender may not take a confession of judgment or a power of attorney authorizing the lender or a third person to confess judgment or to appear for a borrower in a judicial proceeding.
Tex. Fin. Code § 342.504
CONFESSION OF JUDGMENT; POWER OF ATTORNEY
Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.