Legislation

§ 1052. Prohibiting the use of employment promissory notes and other
similar provisions. 1. Beginning on the effective date of this article,
no employer may require, as a condition of employment, any worker or
prospective worker to execute an employment promissory note. The
execution of an employment promissory note as a condition of employment
is unconscionable, against public policy, and unenforceable, and any
such note shall be null and void. If any such note is part of a larger
agreement, the invalidity of such note shall not affect the other
provisions of such agreement.

2. Nothing in this section shall prohibit or render void or
unenforceable any agreement between a worker and an employer that:

(a) requires the worker to repay to the employer any sums advanced to
such worker by the employer, unless such sums were used to pay for
training related to the worker's employment with the employer;

(b) requires the worker to pay the employer for any property it has
sold or leased to such worker;

(c) requires educational personnel to comply with any terms or
conditions of sabbatical leaves granted by their employers; or

(d) is entered into as part of a program agreed to by the employer and
its workers' collective bargaining representative.