Legislation
ARTICLE 3-A
Assignment of Earnings
Personal Property (PEP) CHAPTER 41
ARTICLE 3-A
ASSIGNMENT OF EARNINGS
Section 46. Definitions.
46-a. No implied repeal.
46-b. Assignments of future earnings collectible only as
prescribed.
46-c. Formal requisites of assignments of less than one thousand
dollars and of assignments securing certain guarantees
amounting to fifteen hundred dollars or less.
46-d. Guarantee of certain purchases secured by assignment of
earnings.
46-e. Personal execution of assignment by assignor; delivery of
copies of papers.
46-f. Limit on interest and other charges.
47. Public filing of assignment before filing with employer.
47-a. Place of filing.
47-b. Filing, entering and indexing.
47-c. Refiling.
47-d. Cancellation of assignment.
47-e. Vacating of an assignment, by order of a court.
48. Notice to be mailed to assignor prior to filing with
employer.
48-a. Manner of collection; percentage of earnings deductible;
restriction against multiple deductions.
48-b. Amount of exempt earnings.
48-c. Assignment of future earnings by person unemployed; effect
of loss of employment.
48-d. Payroll deductions not included.
49. Certain provisions not applicable to banks, trust
companies or credit unions.
49-a. Statement to be filed by lenders upon assignment.
ASSIGNMENT OF EARNINGS
Section 46. Definitions.
46-a. No implied repeal.
46-b. Assignments of future earnings collectible only as
prescribed.
46-c. Formal requisites of assignments of less than one thousand
dollars and of assignments securing certain guarantees
amounting to fifteen hundred dollars or less.
46-d. Guarantee of certain purchases secured by assignment of
earnings.
46-e. Personal execution of assignment by assignor; delivery of
copies of papers.
46-f. Limit on interest and other charges.
47. Public filing of assignment before filing with employer.
47-a. Place of filing.
47-b. Filing, entering and indexing.
47-c. Refiling.
47-d. Cancellation of assignment.
47-e. Vacating of an assignment, by order of a court.
48. Notice to be mailed to assignor prior to filing with
employer.
48-a. Manner of collection; percentage of earnings deductible;
restriction against multiple deductions.
48-b. Amount of exempt earnings.
48-c. Assignment of future earnings by person unemployed; effect
of loss of employment.
48-d. Payroll deductions not included.
49. Certain provisions not applicable to banks, trust
companies or credit unions.
49-a. Statement to be filed by lenders upon assignment.