Arizona Revised Statutes § 44-143 Formal Requirements For And Limitations Upon Confession Of Judgment Under Power Of Attorney

44-143. Formal requirements for and limitations upon confession of judgment under power of attorney

Judgment by confession shall not be entered upon a note, bond or other instrument in writing for the payment of money under the authority of a power of attorney to confess judgment thereon, unless such authority is executed and acknowledged on a day subsequent to the date on which the indebtedness to be confessed became due and payable.

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Last modified: October 13, 2016