The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 8 V.S.A. § 2235)
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§ 2235. Requirements for assignment of wages
No assignment of or order for payment of any salary, wages, commissions, or other
compensation for services, earned or to be earned, given to secure any loan made by
any licensee under this chapter, shall be valid unless the amount of such loan is
paid to the borrower simultaneously with its execution. Such assignment or order,
or any chattel mortgage or other lien on household furniture then in the possession
and use of the borrower, shall not be valid unless it is in writing, signed in person
by the borrower, nor shall it be valid if the borrower is married unless it is signed
in person by both husband and wife. However, written assent of a spouse shall not
be required if the borrower has title as a result of a court order. (Amended 1995, No. 162 (Adj. Sess.), § 35, eff. Jan. 1, 1997.)