Section 21-502 - Exemptions from execution; permissible assignments. - Maryland Statutes

§ 21-502. Exemptions from execution; permissible assignments.
 

(a)  In general.-  

(1) Except as provided in paragraph (2) of this subsection, a person may not attach, execute, garnish, or otherwise seize any current or future benefit under this Division II or any money in a fund created under this Division II. 

(2) A court of competent jurisdiction may expressly order that a benefit under this Division II be assigned in a decree or order of alimony, child support, or divorce, or in a court-approved property settlement incident to a court decree or order. 

(b)  Notice to Board of Trustees.- An assignment under this section only applies to benefits paid after the Board of Trustees receives: 

(1) written notice of the court decree or order; and 

(2) any additional information that the Board of Trustees requires. 

(c)  Limitation on Board's liability.- The Board of Trustees is not liable for an improper payment to a person because the Board of Trustees did not receive written notice of a court decree or order. 
 

[An. Code 1957, art. 73B, § 1-503; 1994, ch. 6, § 2.]