Utah Statutes

§ 70C-2-202 — Assignment of earnings prohibited.

Utah·Title 70C Utah Consumer Credit Code·Ch. 70C-2 Finance Charges and Related Provisions·Part 70C-2-2 Limitations on Agreements and Practices

A creditor may not directly or indirectly take or receive from a debtor an obligation that constitutes or contains an assignment of wages or other earnings unless

(1)the assignment by its own terms is revocable at the will of the debtor;
(2)the assignment is a payroll deduction plan, commencing at the time of the transaction, in which the debtor authorized a series of wage deductions as a method of making each payment; or
(3)the assignment applies only to wages or other earnings already earned at the time of the assignment.

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Utah § 70C-2-202 (Assignment of earnings prohibited.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Enacted by Chapter 159, 1985 General Session

Nearby Sections

15
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