Section 45-8A-22.94 Protection of fund; exemptions. - Alabama Statutes

Section 45-8A-22.94

Protection of fund; exemptions.

No portion of the fund shall, before or after its order for distribution by the retirement board to the person or persons entitled thereto under the provisions of this act, be held, seized, taken, subjected to, detained, or levied upon by virtue of any attachment, garnishment, execution, injunction, writ, order, decree, or any other process whatsoever issued out of or by any court of this state, for the payment or satisfaction, in whole or in part, of any debt, damage, demand, claim, judgment, or decree against any beneficiary of the fund, but shall be exempt therefrom so that the fund shall be kept, held, and distributed solely for the purposes of this subpart.

(Act 2002-298, p. 815, §36; Act 2002-304, p. 841, §36.)