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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) No creditor may take an assignment of earnings of the consumer for payment or as security for payment of a debt arising out of a consumer credit transaction. An assignment of earnings in violation of this section is unenforceable by the assignee of the earnings and revocable by the consumer. This section does not prohibit an employee from authorizing deductions from such employee's earnings if the authorization is revocable.
(2) A sale of unpaid earnings made in consideration of the payment of money to or for the account of the seller of the earnings is deemed to be a loan to the consumer secured by an assignment of earnings.
Cite this article: FindLaw.com - Kansas Statutes Chapter 16A. Consumer Credit Code § 16a-3-305. (UCCC) No assignment of earnings - last updated January 01, 2025 | https://codes.findlaw.com/ks/chapter-16a-consumer-credit-code/ks-st-sect-16a-3-305/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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