§ 58-58-165. Exemption from execution. - North Carolina Statutes

§58‑58‑165.  Exemption from execution.

No policy of group insurance,nor the proceeds thereof, when paid to any employee or employees thereunder,shall be liable to attachment, garnishment, or other process, or to be seized,taken, appropriated or applied by any legal or equitable process or operationof law, to pay any debt or liability of such employee, or his beneficiary, orany other person who may have a right thereunder, either before or afterpayment; but the proceeds thereof, when made payable to the estate of theemployee insured, shall constitute a part of the estate of such employeeavailable for the payment of debts. (1925, c. 58, s. 4; 1957, c.1361.)