Texas § LA.64.002 - REDEMPTION OF EVIDENCE OF INDEBTEDNESS
Full text of Texas The Texas Constitution § LA.64.002 — REDEMPTION OF EVIDENCE OF INDEBTEDNESS, with citation guidance and answers to common questions.
§ LA.64.002. REDEMPTION OF EVIDENCE OF INDEBTEDNESS
REDEMPTION OF EVIDENCE OF INDEBTEDNESS. (a) A person who uses an employer's evidence of indebtedness shall, on the demand for redemption and presentation of the employer's evidence of indebtedness by the holder on a regular payday, redeem the employer's evidence of indebtedness: (1) for United States currency; and (2) at the face value of the employer's evidence of indebtedness. (b) The face value of an employer's evidence of indebtedness is currency equal to the cash value of the purchasing power in merchandise at the commissary or other repository of the person. Added by Acts 1995, 74th Leg., ch. 76, Sec. 9.18(a), eff. Sept. 1, 1995.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § LA.64.002
What does The Texas Constitution § LA.64.002 cover?
Section LA.64.002 ("REDEMPTION OF EVIDENCE OF INDEBTEDNESS") is part of the The Texas Constitution, the codified statutory law of Texas. 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 Texas § LA.64.002?
A common citation format is "The Texas Constitution § LA.64.002" (Texas). 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 Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § LA.64.002 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas 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 Texas.