South Carolina Code 37-2-415. Authorization to confess judgment prohibited
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Terms Used In South Carolina Code 37-2-415
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
A buyer or lessee may not authorize any person to confess judgment on a claim arising out of a consumer credit sale or consumer lease. An authorization in violation of this section is void.