                                 CODE OF VIRGINIA

NOTICE OF CONFESSION OF JUDGMENT PROVISION (§ 8.01-433.1)

No judgment shall be confessed upon a note, bond, or other evidence of debt
pursuant to a confession of judgment provision contained therein which does not
contain a statement typed in boldface print of not less than eight point type on
its face:
		IMPORTANT NOTICE
		THIS INSTRUMENT CONTAINS A CONFESSION OF JUDGMENT PROVISION WHICH CONSTITUTES
A WAIVER OF IMPORTANT RIGHTS YOU MAY HAVE AS A DEBTOR AND ALLOWS THE CREDITOR TO
OBTAIN A JUDGMENT AGAINST YOU WITHOUT ANY FURTHER NOTICE.
		This section shall only apply to notes, bonds, or other evidences of debt
containing confession of judgment provisions entered into after January 1, 1993.

HISTORY: 1992, c. 396.