Current through P.L. 171-2024
Section 24-7-4-3 - Assignment of earnings as payment(a) A lessor may not accept an assignment of earnings from the lessee for payment or as security for payment for a charge arising under a rental purchase agreement.(b) An assignment of earnings in violation of this section is unenforceable by the assignee of the earnings and revocable by the lessee.(c) This section does not prohibit a lessee from authorizing deductions from the lessee's earnings if the authorization is revocable and is otherwise permitted by law.As added by P.L. 254-1987, SEC.1.