54-9-6. Property exempt from execution--Life insurance--Effect of assignment.
49 words·~1 min read·
/sd/title-54/chapter-54-9/54-9-6A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Property exempt from execution, and insurance upon the life of the assignor, to the extent of five thousand dollars, do not pass to the assignee by a general assignment for the benefit of creditors, unless the instrument specially mentions them, and declares an intention that they should pass thereby.