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. [Pre-1998 Recodification Citation: 34-2-26-1(b).] IC 34-54-5 Chapter 5. Judgments in Agreed Cases 34-54-5-1 Submission of controversy to court; affidavit 34-54-5-2 Record 34-54-5-3 Enforcement of judgment; costs
‹ Prev All Indiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.