Search OpenLegislation Statutes

This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
Assignment of future earnings by person unemployed; effect of loss of employment
Personal Property (PEP) CHAPTER 41, ARTICLE 3-A
§ 48-c. Assignment of future earnings by person unemployed; effect of
loss of employment. If the assignor is not employed at the time he makes
an assignment of future earnings, but is thereafter employed, his future
earnings shall nevertheless become collectible by the assignee as
provided in this article upon the filing of the prescribed documents
with the employer. No assignment of future earnings shall become invalid
by reason of the cessation of employment, or cessation of payment of
earnings, but shall continue in effect, and may be applied to the
payment of any future earnings from the same or other employment, in
accordance with the provisions of this article, so long as the
indebtedness secured by the assignment shall remain unpaid in whole or
in part. If the assignor is re-employed by the same employer before the
expiration of ninety days from the termination of employment, the
assignment shall continue to be collectible without further filing of
papers. If the employee is re-employed on or after the expiration of
such ninety days, the assignment shall again become collectible from the
employer as provided in section forty-eight-a only after copies of the
assignment and the other documents specified in such section have been
filed with the employer following the re-employment.