A commercial sales-based financing contract that contains a confession of judgment provision or any similar provision is void and unenforceable.
Tex. Fin. Code § 398.055
UNENFORCEABILITY OF CERTAIN CONTRACT PROVISIONS
Added by Acts 2025, 89th Leg., R.S., Ch. 723 (H.B. 700), Sec. 1, 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.