§ 51-42. Voluntary pledge - Withholding from salary or wages - Purchase and delivery of bond and stamps.

When an officer or employee of the state, county, school district or municipal subdivision signs a voluntary pledge authorizing the disbursing agent, to wit: in the case of the state, the State Treasurer; in the case of the county, the county clerk; in the case of school districts, and cities and towns, the clerks and finance officers, to withhold a definite amount regularly from his or her salary or wages each pay period, such disbursing agent shall place the sum so withheld to his or her credit into a "War Bond Payroll Savings Account," which account shall be expressly exempt from garnishment and shall be a separate trust account.  When a sufficient sum has accrued in said fund to the credit of such officer or employee, such disbursing agent is authorized and empowered to purchase a United States war savings bond or war savings stamps and deliver same to such officer or employee.  It is provided that upon receipt by the disbursing agent of such signed voluntary pledge by an officer or employee, the state, county, school district, or municipal subdivision is thereby relieved of any further liability to such officer or employee on that portion of their wage or salary so pledged; save as to the delivery of the bonds or stamps so purchased to the proper officer or employee.

Added by Laws 1943, p. 124, § 2, emerg. eff. Feb. 26, 1943.  Amended by Laws 1979, c. 47, § 17, emerg. eff. April 9, 1979.