Section 27-30-25 Exemption of resident members', etc., interest from process. - Alabama Statutes

Section 27-30-25

Exemption of resident members', etc., interest from process.

The interest of resident members and policyholders of mutual aid associations therein, and of resident beneficiaries provided for thereby, is exempt from all process for the collection of debts or the enforcement of liabilities.

(Code 1940, T. 28, §276; Acts 1971, No. 407, p. 707, §583.)