Alaska Statutes 09.30.050 – Confession of judgment
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Terms Used In Alaska Statutes 09.30.050
- action: includes any matter or proceeding in a court, civil or criminal. See Alaska Statutes 01.10.060
- Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
- Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
- Summons: Another word for subpoena used by the criminal justice system.
A judgment by confession may be entered with or without action against a person for any amount or relief. The confession may be made only by the confessor in person or by the person’s attorney-in-fact under a power of attorney so authorizing, or, if the confessor is a corporation, only by a person who at that time has a relation to the corporation that would authorize the service of summons on that person.