Indiana § 24-7-4-3 - Assignment of earnings as payment

Full text of Indiana Indiana Code § 24-7-4-3 — Assignment of earnings as payment, with citation guidance and answers to common questions.

§ 24-7-4-3. Assignment of earnings as payment

Sec. 3. (a) A lessor may not accept an assignment of earnings from the lessee for payment or as security for payment for a charge arising under a rental purchase agreement.

(b) An assignment of earnings in violation of this section is unenforceable by the assignee of the earnings and revocable by the lessee.

(c) This section does not prohibit a lessee from authorizing deductions from the lessee's earnings if the authorization is revocable and is otherwise permitted by law.

As added by P.L.254-1987, SEC.1.

Source: official Indiana text · Last verified 2026-08-27

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Frequently Asked Questions About Indiana § 24-7-4-3

What does Indiana Code § 24-7-4-3 cover?

Section 24-7-4-3 ("Assignment of earnings as payment") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Indiana § 24-7-4-3?

A common citation format is "Indiana Code § 24-7-4-3" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Indiana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.

How does Indiana § 24-7-4-3 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.