§ 3022 — Assignment of future earnings; validity as against trustee process; recording
This text of Vermont § 3022 (Assignment of future earnings; validity as against trustee process; recording) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Text
An assignment of future earnings shall not be valid against trustee process unless executed in writing and made to secure a debt of an amount therein stated, contracted prior to or simultaneously with the execution of the assignment, or a debt for necessaries to be thereafter furnished to the debtor to the amount therein stated. The assignment shall not be valid as to the trustee process unless it is recorded, before the service of the writ upon the alleged trustee, as follows:
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Vermont § 3022, Counsel Stack Legal Research, https://law.counselstack.com/statute/vt/121/3022.