541.09 ACTION TO BE COMMENCED WITHIN ONE YEAR.
Subdivision 1. Instrument authorizing a confession.
No action shall be maintained upon
any judgment note or other instrument, heretofore or hereafter executed, containing any provision
authorizing a confession of judgment thereon, unless begun within one year after the cause of
action shall have accrued.
Subd. 2. Action upon judgment from United States court.
No action shall be maintained
upon any judgment or decree of any court of the United States, or of any state or territory thereof,
heretofore or hereafter entered upon a plea of confession under any warrant of attorney or
other instrument signed by the debtor authorizing such confession, unless the action upon such
judgment be begun within one year after the rendition or entry thereof.
History: (9195, 9196) 1915 c 222 s 1,2