Kentucky Statutes 371.120 – Assent of employer required for pledge or transfer of wages
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No such instrument shall be valid against the employer who is to pay the wages until the employer signifies in writing upon the instrument his assent to the assignment, sale, pledge, mortgage or transfer.
Effective: October 1, 1942
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. sec. 4758a-2.
Effective: October 1, 1942
Terms Used In Kentucky Statutes 371.120
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. sec. 4758a-2.