A retail installment contract may not contain:
(1) a power of attorney to confess judgment in this state; or
(2) an assignment of wages.
PROHIBITION ON POWER OF ATTORNEY TO CONFESS JUDGMENT OR ASSIGNMENT OF WAGES
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff
A retail installment contract may not contain:
(1) a power of attorney to confess judgment in this state; or
(2) an assignment of wages.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.