19-21-212. Exemption from taxation, legal process, and assessments.
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/mt/title-19/chapter-21/part-2/19-21-212A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
19-21-212 . Exemption from taxation, legal process, and assessments. Except for execution or withholding for the payment of child support or for the payment of spousal support for a spouse or former spouse who is the custodial parent of the child, contracts, benefits, and contributions under the university system retirement program and the earnings on the contributions are:
(1)exempt from any county or municipal tax;
(2)not subject to execution, garnishment, attachment, or other process;
(3)not covered or assessable by an insurance guaranty association; and
(4)unassignable except as specifically provided in the contracts.