31-1-304. Restrictions upon assignment of wages or salary. An assignment of wages or salary by any employee or wage earner to any wage broker for the employee's or wage earner's benefit is not valid or enforceable, and an employer or debtor may not recognize or honor the assignment for any purpose whatever unless the assignment is for a fixed and definite part or all of the wages or salary earned.
History: En. Sec. 4, Ch. 56, L. 1911; re-en. Sec. 4176, R.C.M. 1921; re-en. Sec. 4176, R.C.M. 1935; R.C.M. 1947, 41-1504; amd. Sec. 977, Ch. 56, L. 2009.
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