South Carolina Statutes
§ 37-2-410 — No assignment of earnings.
A seller or lessor may not take an assignment of earnings of the buyer or lessee for payment or as security for payment of a debt arising out of a consumer credit sale or a consumer lease. An assignment of earnings in violation of this section is unenforceable by the assignee of the earnings and revocable by the buyer or lessee. This section does not prohibit an employee from authorizing deductions from his earnings if the authorization is revocable.
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South Carolina § 37-2-410 (No assignment of earnings.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 8-800.200; 1974 (58) 2879.
Nearby Sections
15
§ 37-2-101
Short title.§ 37-2-102
Scope.§ 37-2-103
Index of definitions in chapter.§ 37-2-104
"Consumer credit sale" defined.§ 37-2-106
"Consumer lease" defined.§ 37-2-107
"Seller" defined.§ 37-2-108
"Revolving charge account" defined.§ 37-2-109
"Credit service charge" defined.§ 37-2-110
"Cash price" defined.§ 37-2-111
"Amount financed" defined.§ 37-2-202
Additional charges.§ 37-2-203
Delinquency charges.§ 37-2-204
Deferral charges.