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Code · BILL · 116th Congress · H.R. 1810 (Introduced in House) — To provide the legal framework and income tax treatment necessary for the growth of innovative private financing opti... · Sec. 201

Sec. 201. Lawfulness of contracts; preemption of State law

34 words·~1 min read·/bill/116/hr/1810/ih/section-201·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Any income-share agreement that complies with the requirements of section 102 shall be a valid, binding, and enforceable contract notwithstanding any State law limiting or otherwise regulating assignments of future wages or other income.
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