Chapter 154

Section 1. The term ''assignment'', as used in this chapter, shall include every instrument purporting to transfer an interest in or an authority to collect the future wages or salary of a person.

Section 2. No assignment of or order for wages or salary to be earned in the future to secure a loan of less than three thousand dollars shall be valid against an employer of the person making such assignment or order until the assignment or order is accepted in writing by the em…

Section 3. No assignment of or order for future wages other than one subject to the preceding section shall be valid for a period exceeding two years from the making thereof, nor unless made to secure a debt contracted prior to or simultaneously with the execution of said assignm…

Section 4. No assignment under section three shall be valid unless a copy thereof is delivered to the assignor by the assignee at the date of the execution of such assignment. No such assignment shall be binding on the employer of the assignor until a copy of the assignment and a…

Section 5. The standard form of assignment shall be as follows: Know All Men by these Presents. That I, of in the county of , for a valuable consideration, to me paid by , of , the receipt whereof I do hereby acknowledge, do hereby assign and transfer to said all claims and deman…

Section 6. No assignment of future earnings shall be valid against a trustee process, unless before service of the writ upon the alleged trustee the assignment has been recorded in the office of the clerk of the town where the assignor resides at the time of such record.

Section 7. Except as above provided, an assignment of wages made in accordance with this chapter shall bind all wages earned by the assignor within the period named in such assignment.

Section 8. None of the foregoing sections of this chapter, nor section one hundred and forty-eight of chapter one hundred and forty-nine, shall be applicable to or control or prohibit the deduction of labor or trade union or craft dues or obligations, or making deposits in, purch…