Tex. Fin. Code § 342.504 · Subchapter K. LIMITATIONS ON AUTHORIZED LENDER
CONFESSION OF JUDGMENT; POWER OF ATTORNEY.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
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.
Notes and commentary — not statutory text
History
Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.342.htm
- Text hash
- sha256 55a650f08828ed31a1861c85a4b6d1271dc10385b04fd679241236233feee279
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.