Alabama Statutes
§ 31-7-2 — Assignment, Attachment, Etc., Prohibited; Bonus Not Subject to State Taxation
No assignment or pledge as security for a loan or any right or claim to the bonus under this chapter shall be valid. No sum payable under this chapter to a veteran shall be subject to attachment, levy, or seizure under any legal or equitable process, or be subject to taxation, either as income or otherwise, by the State of Alabama.
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Alabama § 31-7-2 (Assignment, Attachment, Etc., Prohibited; Bonus Not Subject to State Taxation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Acts 1973, No. 760, p. 1138, §2.)