§ 34-54-3-1 Applicability of chapter

34-54-3-1 Applicability of chapter

    Sec. 1. 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.