Texas Statutes
§ 64.002 — REDEMPTION OF EVIDENCE OF INDEBTEDNESS.
Texas § 64.002
JurisdictionTexas
Code LALabor Code
This text of Texas § 64.002 (REDEMPTION OF EVIDENCE OF INDEBTEDNESS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Labor Code Code Ann. § 64.002 (2026).
Text
Sec. 64.002. REDEMPTION OF EVIDENCE OF INDEBTEDNESS.
(a)A person who uses an employer's evidence of indebtedness shall, on the demand for redemption and presentation of the employer's evidence of indebtedness by the holder on a regular payday, redeem the employer's evidence of indebtedness:
(1)for United States currency; and
(2)at the face value of the employer's evidence of indebtedness.
(b)The face value of an employer's evidence of indebtedness is currency equal to the cash value of the purchasing power in merchandise at the commissary or other repository of the person.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Added by Acts 1995, 74th Leg., ch. 76, Sec. 9.18(a), eff. Sept. 1, 1995.
Nearby Sections
3
§ 64.001
DEFINITIONS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 64.002, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/LA/64.002.