§ 34-54-4-1 Violations

Codes > Indiana Code > Title 34 > Article 54 : Chapter 4 > 34-54-4-1 Violations

34-54-4-1 Violations

    Sec. 1. A person who knowingly:

    (1) procures another to:

        (A) execute as maker; or

        (B) endorse or assign;

    a cognovit note;

    (2) being the payee, endorsee, or assignee of the cognovit note, retains possession of the cognovit note; or

    (3) attempts to recover upon or enforce within Indiana a judgment obtained in any other jurisdiction based upon a cognovit note; commits a Class B misdemeanor.