Chapter § 8-37 § 821.27. Loans

• Jurisdiction: United States

8-37 § 821.27. Loans

(a) An employer must comply with § 61.018 of the Act and this chapter to recoup a loan the employer made to an employee, unless the loan is an advance under § 821.29.

(b) In recouping a loan made to an employee, an employer may count the loan repayment toward any applicable minimum or overtime wages the employer is obligated to pay to the employee.

(c) In recouping a loan made to an employee from any of the employee's paychecks, including the employee's...