Texas Codes
Tex. Fin. Code § 342.504 (2026)
Confession Of Judgment; Power Of Attorney
✓ current as of May 2026
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Sec. 342.504. CONFESSION OF JUDGMENT; POWER OF ATTORNEY. 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.
Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999.
Notes of Decisions
Cited in 1
case, 2015–2015 · leading case: in Re Benevis, LLC, Dentistry of Brownsville, P.C., & Kool Smiles, P.C., No. 15-0547 (Tex. App. July 24, 2015).
in Re Benevis, LLC, Dentistry of Brownsville, P.C., & Kool Smiles, P.C., No. 15-0547 (Tex. App. July 24, 2015). “2d 513 (1972) (forum selection now codified in Tex. Fin.Code § 342.504 (“A lender clause in towage contract).”
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