Georgia Statutes
§ 30-9-15 — Assignment of ABLE account prohibited
Georgia·Title 30
An ABLE account may not be assigned for the benefit of creditors, used as security or collateral for any loan, or otherwise subject to alienation, sale, transfer, assignment, pledge, encumbrance, or charge. Except as provided in Code Section 30-9-14 , moneys paid into or out of an ABLE account, and the income and assets of such account, are not liable to attachment, levy, garnishment, or legal process in this state in favor of any creditor of or claimant against any designated beneficiary or account contributor.
Free access — add to your briefcase to read the full text and ask questions with AI
Georgia § 30-9-15 (Assignment of ABLE account prohibited) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by 2016 Ga. Laws 519,§ 1, eff. 5/3/2016.
Nearby Sections
15
§ 30-1-1
"Deaf person" defined§ 30-1-4
[Repealed] Council on the Deaf§ 30-1-6
American Sign Language§ 30-10-1
Legislative findings§ 30-10-2
Definitions§ 30-10-3
Donors; benefits; assets§ 30-10-4
Community trusts; creation§ 30-10-5
Community trusts; board of trustees§ 30-10-7
Life beneficiaries§ 30-10-8
Liability of trustees