Tex. Labor Code § 64.002
This is the official text of Tex. Labor Code § 64.002, part of Texas’s Labor Code — governs wages, workplace safety, and workers' compensation.
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§ 64.002. REDEMPTION OF EVIDENCE OF INDEBTEDNESS.
Official statutory text
(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.
(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.
Status: in_force · Read it on the official government site
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