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97B.39 Rights not transferable---not subject to legal process.

The right of any person to any future payment under this chapter is not transferable or assignable, at law or in equity, and the moneys paid or payable or rights existing under this chapter are not subject to execution, levy, attachment, garnishment, or other legal process, or to the operation of any bankruptcy or insolvency law except for the purposes of enforcing child, spousal, or medical support obligations. For the purposes of enforcing child, spousal, or medical support obligations, the garnishment or attachment of or the execution against compensation due a person under chapter 97B shall not exceed the amount specified in 15 U.S.C. § 1673(b).

Section History: Early form

[C46, 50, § 97.43; C54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 97B.39]

Section History: Recent form

89 Acts, ch 228, §2; 92 Acts, ch 1195, § 501

Footnotes

1989 amendment applies retroactively to January 1, 1989, for tax years beginning on or after that date; 89 Acts, ch 228, § 10


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