Rhode Island § 28-15-2 § 28-15-2. Maximum period of assignment — Form and contents.

Rhode Island Statutes

§ 28-15-2 — § 28-15-2. Maximum period of assignment — Form and contents.

Rhode Island·Title 28 Labor and Labor Relations·Ch. 28-15 Assignment of Future Wages

§ 28-15-2. Maximum period of assignment — Form and contents.
No assignment of future earnings or wages shall be valid:
(1) For a period exceeding one year from the date of the assignment;
         
(2) Unless made to secure a debt contracted prior to or simultaneously with the execution
            of the assignment;
         
(3) Unless executed in writing in the standard form set forth in § 28-15-3 and signed by the assignor in person and not by attorney; and
         
(4) Unless the assignment truly states the date of its execution, the money or the money
        

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§ 28-15-2. Maximum period of assignment — Form and contents.

No assignment of future earnings or wages shall be valid:

(1) For a period exceeding one year from the date of the assignment;

(2) Unless made to secure a debt contracted prior to or simultaneously with the execution of the assignment;

(3) Unless executed in writing in the standard form set forth in § 28-15-3 and signed by the assignor in person and not by attorney; and

(4) Unless the assignment truly states the date of its execution, the money or the money value of goods actually furnished by the assignee and the rate of interest, if any, to be paid on it.

Rhode Island § 28-15-2 (§ 28-15-2. Maximum period of assignment — Form and contents.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.