§ 1052 — Prohibiting the use of employment promissory notes and other similar provisions

New York § 1052

• Jurisdiction: New York
• Law LAB: Labor
• Art. 37: Trapped At Work Act

Text

§ 1052. Prohibiting the use of employment promissory notes and other\nsimilar provisions. 1. Beginning on the effective date of this article,\nno employer may require, as a condition of employment, any worker or\nprospective worker to execute an employment promissory note. The\nexecution of an employment promissory note as a condition of employment\nis unconscionable, against public policy, and unenforceable, and any\nsuch note shall be null and void. If any such note is part of a larger\nagreement, the invalidity of such note shall not affect the other\nprovisions of such agreement.\n 2. Nothing in this section shall prohibit or render void or\nunenforceable any agreement between a worker and an employer that:\n (a) requires the worker to repay to the employer any sums advanced to\nsuch worker by the employer, unless such sums were used to pay for\ntraining related to the worker's employment with the employer;\n (b) requires the worker to pay the employer for any property it has\nsold or leased to such worker;\n (c) requires educational personnel to comply with any terms or\nconditions of sabbatical leaves granted by their employers; or\n (d) is entered into as part of a program agreed to by the employer and\nits workers' collective bargaining representative.\n