31-1-303. Wage broker defined. Any person, company, corporation, or association parting with, giving, or loaning money, either directly or indirectly, to any employee or wage earner, upon the security of or in consideration of any assignment or transfer of wages or salary of such employee or wage earner, shall be deemed to be a wage broker within the meaning of this part.
History: En. Sec. 3, Ch. 56, L. 1911; re-en. Sec. 4175, R.C.M. 1921; re-en. Sec. 4175, R.C.M. 1935; R.C.M. 1947, 41-1503.
Structure Montana Code Annotated
Title 31. Credit Transactions and Relationships
Chapter 1. Credit Transactions
31-1-301. Wage brokers to procure license and give bond
31-1-302. Issuance of license -- terms and amount thereof
31-1-304. Restrictions upon assignment of wages or salary
31-1-305. Interest on loans -- amount and computation
31-1-306. Spouse must join in assignment of wages -- acknowledgment
31-1-307. Assignments invalid without notice to employer -- filing assignments
31-1-308. Assignment to be considered a loan