Section 34-54-3-1 - Applicability of chapter This chapter applies to a contract, agreement, provision, or stipulation that:
(1) gives a person a power of attorney or authority as attorney for the maker or endorser of the instrument in the name of the debtor to:(A) appear in any court of record; and(B) waive the service of process in an action to enforce payment of money claimed to be due on the instrument;(2) authorizes or purports to authorize an attorney or agent, however designated, to confess judgment on the instrument for a sum of money to be ascertained in a manner other than by action of the court upon a hearing after notice to the debtor, whether with or without an attorney fee; or(3) authorizes or purports to authorize an attorney described in subdivision (1) or (2) to:(A) release errors and the right of appealing from a judgment described in subdivision (1) or (2); or(B) consent to the issue of execution on the judgment.Pre-1998 Recodification Citation: 34-2-25-1 part.
As added by P.L. 1-1998, SEC.50.